Markets › Kalshi › Economics
U.S. unemployment rate at year-end on Kalshi
If the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 is above 9.5%, then the market resolves to Yes.
Settles on: Federal Reserve Bank of New York.
Market says (typical open contract)
19%
Median YES price across 165 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
38% 😈
Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 19¢ (now) | 1.1¢ | $2.83 | 20.1% |
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2030 be above 10.0%? · Above 10.0% | 10¢ | 10% | 0.6¢ | — | 19% | 5,700 | Jan 10, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2026 be above 4.5%? · Above 4.5% | 12¢ | 12% | 0.7¢ | — | 23% | 4,428 | Jan 08, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2026 be above 5.0%? · Above 5.0% | 4¢ | 4% | 0.3¢ | — | 8% | 2,730 | Jan 08, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2029 be above 10.0%? · Above 10.0% | 4¢ | 4% | 0.3¢ | — | 8% | 1,600 | Jan 04, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2026 be above 5.5%? · Above 5.5% | 3¢ | 3% | 0.2¢ | — | 7% | 1,292 | Jan 08, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 9.0%? · Above 9.0% | 3¢ | 3% | 0.2¢ | — | 6% | 1,251 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2028 be above 9.5%? · Above 9.5% | 5¢ | 5% | 0.3¢ | — | 9% | 1,002 | Jan 05, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2031 be above 10.0%? · Above 10.0% | 4¢ | 4% | 0.3¢ | — | 9% | 902 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2028 be above 9.0%? · Above 9.0% | 6¢ | 6% | 0.4¢ | — | 11% | 902 | Jan 05, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 8.0%? · Above 8.0% | 4¢ | 4% | 0.3¢ | — | 8% | 700 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2028 be above 10.0%? · Above 10.0% | 5¢ | 5% | 0.3¢ | — | 9% | 502 | Jan 05, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 9.5%? · Above 9.5% | 2¢ | 2% | 0.2¢ | — | 5% | 501 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 8.5%? · Above 8.5% | 4¢ | 4% | 0.3¢ | — | 8% | 500 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2026 be above 4.0%? · Above 4.0% | 78¢ | 78% | 1.2¢ | — | 43% | 405 | Jan 08, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 4.5%? · Above 4.5% | 24¢ | 24% | 1.3¢ | — | 48% | 178 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 5.5%? · Above 5.5% | 50¢ | 50% | 1.7¢ | — | 99% | 155 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 5.0%? · Above 5.0% | 19¢ | 19% | 1.1¢ | — | 38% | 107 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2028 be above 6.0%? · Above 6.0% | 19¢ | 19% | 1.1¢ | — | 38% | 51 | Jan 05, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 6.0%? · Above 6.0% | 32¢ | 32% | 1.5¢ | — | 64% | 29 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2027 be above 6.0%? · Above 6.0% | 11¢ | 11% | 0.7¢ | — | 22% | 16 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 9.0%? · Above 9.0% | 10¢ | 10% | 0.6¢ | — | 20% | 4 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 7.5%? · Above 7.5% | 20¢ | 20% | 1.1¢ | — | 40% | 3 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 5.5%? · Above 5.5% | 42¢ | 42% | 1.7¢ | — | 84% | 2 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 3.5%? · Above 3.5% | 96¢ | 96% | 0.3¢ | — | 8% | 2 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 3.0%? · Above 3.0% | 98¢ | 98% | 0.2¢ | — | 5% | 2 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 9.5%? · Above 9.5% | 6¢ | 6% | 0.4¢ | — | 12% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 9.0%? · Above 9.0% | 8¢ | 8% | 0.5¢ | — | 16% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 8.5%? · Above 8.5% | 11¢ | 11% | 0.7¢ | — | 22% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 8.0%? · Above 8.0% | 13¢ | 13% | 0.8¢ | — | 26% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 7.5%? · Above 7.5% | 16¢ | 16% | 0.9¢ | — | 32% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 7.0%? · Above 7.0% | 20¢ | 20% | 1.1¢ | — | 40% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 6.5%? · Above 6.5% | 25¢ | 25% | 1.3¢ | — | 50% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 5.0%? · Above 5.0% | 50¢ | 50% | 1.7¢ | — | 99% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 4.5%? · Above 4.5% | 54¢ | 54% | 1.7¢ | — | 92% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 4.0%? · Above 4.0% | 81¢ | 81% | 1.1¢ | — | 38% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 3.5%? · Above 3.5% | 96¢ | 96% | 0.3¢ | — | 8% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 3.0%? · Above 3.0% | 98¢ | 98% | 0.2¢ | — | 5% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2032 be above 10.0%? · Above 10.0% | 5¢ | 5% | 0.3¢ | — | 10% | 0 | Jan 07, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 9.5%? · Above 9.5% | 8¢ | 8% | 0.5¢ | — | 16% | 0 | Jan 09, 13:29 UTC |
| Will the seasonally adjusted U.S. unemployment rate (U-3) for December 2036 be above 8.5%? · Above 8.5% | 13¢ | 13% | 0.8¢ | — | 26% | 0 | Jan 09, 13:29 UTC |
Showing the 40 most traded of 165 open contracts.
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.