3.7% or lower −3.5 pts3.8% −6.5 ptssince 9 Sep

Key data points

Data for
November 2026
Release
4 Dec 2026, 13:30 UTC
Middle estimate
–
80% range
–
Most likely
3.7% or lower 0%
Last official
4.2% Sep 2026
Release after
–
Updated
08:31 UTC delayed 15 min

Market info

Category
US economic data
Source
Prediction markets
Frequency
Every 15 minutes
Units
Percent

Settles on: BLS Employment Situation, U-3 unemployment rate, seasonally adjusted, first print. From prediction markets, where traders buy and sell contracts on what will happen. Narwhal blends their prices into one probability for each outcome.

Odds by outcome

US unemployment odds by outcome, November 2026
OutcomeKalshiBlended
3.7% or lower–<1%
3.8%–<1%
3.9%–<1%
4.0%–<1%
4.1%–<1%
Above 4.1% to 4.5%–<1%
4.6%–<1%
4.7%–<1%
4.8%–<1%
4.9%–<1%
5.0%–<1%
Above 5.0%–<1%

Highest rate in 2026

Chance the highest US unemployment rate in 2026 reaches each level
LevelChance
Reaches 10.0%1%
Reaches 7.0%1%
Reaches 6.0%1%
Reaches 5.5%2%
Reaches 5.0%5%

Markets

Prediction markets behind these odds
MarketWeight in blend24h volumeOpen interestSettles on
KalshiExcluded$54$5KBureau of Labor Statistics

Releases ahead

US unemployment releases ahead
Data forReleaseMiddle estimate80% rangeMost likely
October 20266 Nov 2026, 13:30 UTC4.2%4.1% to 4.3%4.2%
November 20264 Dec 2026, 13:30 UTC––3.7% or lower

Common questions

What do prediction markets expect for US unemployment for November 2026?

A middle estimate of –, with an 80% chance of –. The most likely single outcome is 3.7% or lower, at 0%.

When is US unemployment for November 2026 released?

4 Dec 2026, 13:30 UTC.

Where do these odds come from?

From prediction markets, where traders buy and sell contracts on what will happen. Narwhal blends their prices into one probability for each outcome.

How often do the odds update?

This page shows odds delayed by 15 minutes. The Predictions API serves live odds on paid plans.

Are these odds a forecast or advice?

No. They reflect traders' bets, which can change quickly. They are not an official forecast or investment advice.

Source
Prediction markets, blended by Narwhal; delayed 15 minutes, as of 9 Oct 2026, 08:31 UTC
Predictions API →
API
GET /v1/predictions/topics/usa-unemployment
Predictions API →
Economics
Latest official figure
United States unemployment rate →
Schedule
Official release dates
US jobs report dates 2026: nonfarm payrolls schedule →