How high will unemployment get before 2030?
Prediction markets currently give a 88% probability that How high will unemployment get before 2030?. This contract trades at 88¢ on Kalshi, closing January 4, 2030. This market is pricing in a 96% probability that U.S.
Analysis
This market is pricing in a 96% probability that U.S. unemployment will exceed 5% at some point between June 2025 and January 2030, yet it shows virtually no trading activity with $0 in 24-hour volume and only $228 open interest. The extreme asymmetry in implied yields—4.4% for Yes versus 165% for No—combined with a 12¢ spread and recent price decline from 93¢ to 86¢ over seven days, suggests either thin liquidity masking true market sentiment or potential mispricing, particularly given that unemployment has historically breached 5% multiple times in recent decades.
Resolution rules
If the U-3 unemployment rate from June 2025 to January 2030 is above 5%, the market resolves to Yes.
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Regime
Trade
sf trade KXU3MAX-30-5 yes 100