Job Market Meltdown: Will Unemployment Soar to 4.5%?
3,520 Vol.1 year ago (May-22-2025 03:59:00 AM UTC)
DescriptionThe job market is wobbling—will unemployment climb to 4.5% or higher before the Event Date Close? Imagine the headlines, the economic debates—bet on whether the U.S. unemployment rate hits this critical threshold. This Event Outcome will Settle to "Yes" if the U.S. Bureau of Labor Statistics reports an unemployment rate of 4.5% or higher in any monthly jobs report before the Event Date Close. If it becomes impossible for this Event Outcome to Settle to "Yes", the Event Outcome may Settle immediately to "No". The primary source for this Event Outcome will be official data from the U.S. Bureau of Labor Statistics, however a consensus of credible reporting sources may also be used. The Event Outcome is a Prediction on an Announcement from a credible reporting source.