Prediction market traders think the U.S. added more jobs in September than economists estimate
The higher-than-consensus expectations are a bet that the U.S. had another strong month of job growth.
TL;DR
- Prediction market traders expect a strong US jobs report for September, exceeding economists' consensus.
- Kalshi and Polymarket traders show a 60% chance of over 90,000 jobs added and nearly 50-50 odds of a six-figure increase.
- August's jobs report showed a rebound and supported the Federal Reserve's focus on inflation and interest rate hikes.
- The September employment report is due Friday, preceded by ADP's national employment report on Wednesday.