Will the July 2026 unemployment rate be 4.2%?
This market will resolve according to the seasonally adjusted unemployment rate (total unemployed, as a percent of the civilian labor force, official unemployment rate denoted as U-3) reported by the Bureau of Labor Statistics in the Employment Situation Report for July 2026. The resolution source for this market is the Monthly Employment Situation Report, published by the BLS every month at https://www.bls.gov/bls/news-release/empsit.htm, specifically the U-3 measure in Table A-15 for the month in question. The relevant data release is scheduled for August 7, 2026, at 8:30 AM ET. This market will resolve as soon as the relevant data is issued. Any revisions to the data after the first release will not count toward this market's resolution. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month. Note: the resolution source for this market reports unemployment to one decimal point. Thus, this is the level of precision that will be used when resolving the market.
Forecast history
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Rate was 4.2% in June after stability. Weak payrolls suggest possible uptick but participation trends may hold it steady. Reported to one decimal. Strongest evidence: recent BLS data and economist previews for July. Main uncertainty: sampling error in household survey. Could change with stronger-than-expected job growth or reverse participation.
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If the unemployment rate has been hovering around 4.1-4.2% in recent months, then 4.2% is one of the more plausible specific outcomes. However, there are still many other possible values (4.0%, 4.1%, 4.3%, etc.), and even the most likely single value has a relatively low probability. The probability of exactly 4.2% is higher than 4.3% but still below 50%.
Resolution rules
This market will resolve according to the seasonally adjusted unemployment rate (total unemployed, as a percent of the civilian labor force, official unemployment rate denoted as U-3) reported by the Bureau of Labor Statistics in the Employment Situation Report for July 2026. The resolution source for this market is the Monthly Employment Situation Report, published by the BLS every month at https://www.bls.gov/bls/news-release/empsit.htm, specifically the U-3 measure in Table A-15 for the month in question. The relevant data release is scheduled for August 7, 2026, at 8:30 AM ET. This market will resolve as soon as the relevant data is issued. Any revisions to the data after the first release will not count toward this market's resolution. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month. Note: the resolution source for this market reports unemployment to one decimal point. Thus, this is the level of precision that will be used when resolving the market.