The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
The BLS[2] Employment Situation schedule puts the December 2026 report on January 8, 2027 at 8:30 a.m. ET, and Kalshi closes its year-end unemployment market at 13:29 UTC that morning.
The BLS release calendar dates the December 2026 Employment Situation report to January 8, 2027 at 8:30 a.m. ET, which is the moment this market settles on.
The August 11, 2026 episode puts the unemployment rate at 4.1% in the July report even as payrolls shrank by 23,000, which is why Kalshi[1] has December above 4.0% at 81% but far off 5%.
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Nonfarm payrolls increased 253,000 for April, beating Wall Street estimates for growth of 180,000.
The unemployment rate was 3.4% against an estimate for 3.6% and tied for the lowest level since 1969.
Average hourly earnings rose 0.5% for the month and increased 4.4% from a year ago, both higher than expected.