TOTAL VOLUME:
$66b
24H VOL:
$398,877,831
24H TRANSACTIONS:
647,445,881
OPEN INTEREST:
$1,477,629,845
622,934
Markets across
14,083
events
MATCHED EVENTS:
1,257
PLATFORM COVERAGE:
4
Polymarket:
49%
VS.
Kalshi:
51%
Time left: 15d:10h:26m
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This event group tracks the monthly change in total nonfarm payroll employment for June 2026, as reported by the U.S. Bureau of Labor Statistics Employment Situation Summary. Both platforms resolve based on the same official BLS data source, but structure their markets differently: Kalshi offers 13 individual Yes/No thresholds, while Polymarket offers a mutually exclusive bracket system plus a separate job-loss question.
This market will resolve according to the change in the total nonfarm payroll employment reported by the BLS "Employment Situation Summary" for June 2026, scheduled to be released on July 2, 2026, at 8:30 AM ET. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month. The BLS "Employment Situation Summary" may be found here: https://www.bls.gov/bls/newsrels.htm
Resolution is based on the increase in total non-farm payroll employment as reported by the Bureau of Labor Statistics Monthly Employment Situation Report for June 2026. Each market corresponds to a specific employment change threshold, resolving to Yes if the reported increase exceeds that threshold (ranging from above -25,000 to above 125,000 jobs). The market closes at 8:29 AM ET on the expected data release date.
Prediction markets distill thousands of individual bets into live probability estimates, often reflecting real-time information faster than traditional economist surveys. Analyst consensus typically emerges from monthly surveys published before the jobs report, while this market updates continuously as new data or sentiment shifts. Traders pricing in employment outcomes may incorporate forward guidance, labor-force trends, and macroeconomic signals that analysts incorporate weeks earlier. When this market's odds diverge significantly from consensus forecasts, it often signals either new information entering the market or structural differences in how traders and economists weight uncertainty. Comparing both sources provides a richer picture of expected outcomes.
Kalshi and Polymarket can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform attracts distinct trader demographics, fee structures, and contract designs that influence pricing. Kalshi and Polymarket may frame the same employment outcome differently—for example, one platform might ask about jobs added above a threshold while another focuses on job losses—leading to non-comparable odds at first glance. Liquidity depth, user leverage limits, and settlement oracle choices also vary between venues. Arbitrage opportunities occasionally emerge when one platform's odds drift from the other, though transaction costs and withdrawal delays typically prevent perfect convergence. Monitoring both sites reveals which interpretation of the jobs report traders find most credible.
This market resolves on Jul 3, 2026, following the official release of the June employment data. The outcome hinges on the final jobs figure published by the U.S. Bureau of Labor Statistics, which typically arrives in early July. Traders holding positions through resolution will see their contracts settle based on whether actual job additions or losses match the thresholds or conditions specified in each platform's contract terms. Early exit is always available if you wish to lock in gains or cut losses before the data drops.
Weekly jobless claims data, Federal Reserve communications, and inflation reports can shift expectations about June hiring before the official report arrives. Unexpected economic shocks—geopolitical events, financial stress, or policy changes—often trigger sharp repricing as traders reassess labor demand. Corporate earnings calls and hiring announcements from major employers provide real-time signals about employment momentum. Fed rate decisions and forward guidance influence business confidence and hiring plans. Market sentiment around recession risk or wage pressure can also swing odds significantly. Close monitoring of these catalysts helps traders anticipate moves and adjust positions ahead of the final jobs release.
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