Will United States Challenger Job Cuts for April 2026 be above 40,000?

Prediction markets currently give a 91% probability that Will United States Challenger Job Cuts for April 2026 be above 40,000?. This contract trades at 91¢ on Kalshi, closing May 7, 2026. This market shows extreme illiquidity with only $15 open interest and zero 24-hour volume, making the 91¢ price potentially unreliable despite the tight 7¢ spread.

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91¢
Bid/Ask 92/99¢·Spread 7¢·Vol $0·OI $15·Closes May 7, 2026·12d remaining
KXCHCUTS-26MAY07-T40000

Analysis

8d ago

This market shows extreme illiquidity with only $15 open interest and zero 24-hour volume, making the 91¢ price potentially unreliable despite the tight 7¢ spread. The astronomical 20,576% implied yield on the "No" side signals severe mispricing—such yields are only rational if resolution is nearly certain, yet the neutral regime score and stable 7-day price action suggest no new information has emerged. With just 20 days to expiry and a Cliff Risk Index of 12, traders should be cautious that this thin market may not accurately reflect the true probability of April 2026 job cuts exceeding 40,000.

Resolution rules

If Trading Economics reports that United States Challenger job cuts for April 2026 is above 40,000, then the market resolves to Yes.

Indicators

IY (Yes) 261.5%
IY (No) 34578.6%
Adj IY 17289%
CRI 12
Overround 2.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)261.5%
IY (No)34578.6%
Adj IY17289%
CRI12
Overround2.3%

Regime

Label
neutral
Score
0.568
Spread
7¢
Computed
4/25/2026, 8:16:32 AM
Observability highEvent type data_release
Indicators computed 4/25/2026, 8:08:43 AM

Trade

View on kalshisf trade KXCHCUTS-26MAY07-T40000 yes 100

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