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Markets bet on whether the unemployment rate will be above 4.5% in November

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Kalshi has reported 15,254 in volume over the last 24 hours on their market for “Will the unemployment rate (U-3) be above 4.5% in November?”, making it one of the hottest markets on the platform today.

The market currently is implying a 44% chance for "Above 4.5%", which is down from yesterday, when the market implied a 45% probability.

If the seasonally adjusted unemployment rate (U-3) reported by the Bureau of Labor Statistics in the Employment Situation Report is above 4.5% in November 2025, then the market resolves to Yes.

In total, this market has seen a volume of 19,817 transactions since it was first opened on November 08, 2025. There are 19,704 positions of open interest in this market, and the overall liquidity is sitting at 3,350,474 contracts.

Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:

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