Will above -75000 jobs be added in April 2026?

Prediction markets currently give a 98% probability that Will above -75000 jobs be added in April 2026?. This contract trades at 98¢ on Kalshi, closing May 8, 2026. The market is pricing in a 98% probability that April 2026 job additions will exceed -75,000 (i.e., job losses will be less severe than -75,000), yet the "No" side offers an absurd 36,174% implied yield, suggesting extreme mispricing or a liquidity trap on the losing side with only $11.05 open interest.

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98¢
Bid/Ask 95/97¢·Spread 2¢·Vol $0·OI $11.05·Closes May 8, 2026·17d remaining
KXPAYROLLS-26APR-T-75000
7-day price17 snapshots · 4 regime
96¢95¢ current
Apr 1692¢Apr 19

Analysis

2d ago

The market is pricing in a 98% probability that April 2026 job additions will exceed -75,000 (i.e., job losses will be less severe than -75,000), yet the "No" side offers an absurd 36,174% implied yield, suggesting extreme mispricing or a liquidity trap on the losing side with only $11.05 open interest. With just 19 days to expiry and minimal 24-hour volume of $13.05, this appears to be a thin, illiquid market where the Yes position has already won decisively, making it unsuitable for meaningful trading despite the tight 2¢ spread.

Resolution rules

If the increase in total non-farm payroll employment is above -75000 as reported by the Bureau of Labor Statistics Monthly Employment Situation Report for the month of April 2026, then the market resolves to Yes.

Indicators

IY (Yes) 115.3%
IY (No) 41626.7%
Adj IY 20813%
CRI 19
Overround 9.7%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)115.3%
IY (No)41626.7%
Adj IY20813%
CRI19
Overround9.7%

Regime

Label
neutral
Score
0.5
Spread
2¢
Computed
4/21/2026, 8:44:49 PM
Indicators computed 4/21/2026, 8:38:18 PM

Trade

View on kalshisf trade KXPAYROLLS-26APR-T-75000 yes 100

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