CM ClearMarket
SYSTEM: LIVE · PRICES: HOURLY REFRESH · COVERAGE: ~2,450 EVENTS / ~16,400 MARKETS · KALSHI + POLYMARKET

June unemployment rate consensus clusters between 4.2 and 4.3 percent

Kalshi ladder
record: CMSIG2026061806 | category: momentum-repricing | target: CM-EVT-FJGT56DTV2 | published: 2026-06-18
4-bullet brief | narrative
  • The Kalshi ladder implies a June 2026 unemployment rate in the 4.2-4.3% range, with 63% above 4.2% and only 31% above 4.3%.
  • Low jobless claims data is consistent with the market's sub-4.3% central estimate, no sudden deterioration is being priced into the distribution.
  • The ladder shows 99% above 3.9%, confirming the market sees no scenario in which June unemployment falls back to 2024 lows.
  • Resolves via FRED official Bureau of Labor Statistics release; the June Employment Situation report is the settlement data point.
atomic briefs
[01] news_event
significance
surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market
story
US initial jobless claims fell to 226,000 for the week ending June 14, extending a streak of historically low layoff filings.exa_search → ABC News · as_of 2026-06-21T11:13:58+00:00
[mediated]
publisher
ABC News
published_at
2026-06-18T12:43:30.000Z
[02] pm_response
interp
Kalshi's ladder clusters tightly at 4.2-4.3%, consistent with a stable but softening labor market reading from current claims data.llm_judge_cm_signal_v1
[editorial]
evaluation

News-cycle wires publish on coverage, not editorial selection — the day’s top stories matched to the prediction markets pricing them, so nothing is cherry-picked.

judge_engine
none — deterministic news-cycle scan
judge_verdict
auto_published
judge_confidence
n/a — no judge gate (deterministic publishing)
prompt_template
news_cycle_v1 github · auditable
match_method
entity_slug_match (mechanical)
citation graph

Every wire traces back to the ClearMarket event it is built on, and out to each venue’s own market page — so any figure here can be verified at its source.

internal
programmatic access · four surfaces, same payload

AI grounded search reads embedded JSON-LD in HTML. Developers query REST. Agentic AI clients (Claude Desktop, Cursor) call MCP tools. AI crawlers index via /llms.txt. Same canonical record at every surface.

HTMLbrowsers, AI grounded search, crawlers (contains embedded JSON-LD @type: Dataset)https://clearmarket.fyi/signals/june-u-3-unemployment-rate-seen-4-2-4-3-kalshi-2026-06-18/
JSONREST API for developershttps://clearmarket.fyi/signals/june-u-3-unemployment-rate-seen-4-2-4-3-kalshi-2026-06-18.json
MCPagentic AI tool call (Claude Desktop, Cursor, Continue)clearmarket.get_signal("june-u-3-unemployment-rate-seen-4-2-4-3-kalshi-2026-06-18")
AGENTAI crawler discovery index/llms.txt

PM data: platform APIs (hourly refresh). News context: retrieved with source citations. Editorial judgment: LLM judge with prompt template versioned per wire type. Per-claim provenance inline above; full per-field provenance map at the JSON endpoint under field_provenance.

raw JSON record · same payload returned by REST endpoint
{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "provenance_version": "0.2.0",
  "record_id": "CMSIG2026061806",
  "published_at": "2026-06-18T12:43:30.000Z",
  "detection": "news_cycle",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "pre_news_classification": "concurrent",
  "target_event_id": "CM-EVT-FJGT56DTV2",
  "target_event_slug": "kxu3-26jun",
  "event_question": "June 2026 U-3 unemployment rate",
  "bullets": [
    "The Kalshi ladder implies a June 2026 unemployment rate in the 4.2-4.3% range, with 63% above 4.2% and only 31% above 4.3%.",
    "Low jobless claims data is consistent with the market's sub-4.3% central estimate, no sudden deterioration is being priced into the distribution.",
    "The ladder shows 99% above 3.9%, confirming the market sees no scenario in which June unemployment falls back to 2024 lows.",
    "Resolves via FRED official Bureau of Labor Statistics release; the June Employment Situation report is the settlement data point."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "ABC News",
          "source_url": "https://ingest.abcnews.com/Business/wireStory/us-filings-unemployment-benefits-fall-226000-week-layoffs-133995874",
          "retrieved_at": "2026-06-21T11:13:58+00:00"
        }
      },
      "significance": {
        "threshold": 5,
        "threshold_unit": "rank",
        "passed": true,
        "reason": "surfaced in the daily Exa news-cycle scan; mechanically matched to an active kalshi market"
      },
      "story": "US initial jobless claims fell to 226,000 for the week ending June 14, extending a streak of historically low layoff filings.",
      "publisher": "ABC News",
      "published_at": "2026-06-18T12:43:30.000Z",
      "source_url": "https://ingest.abcnews.com/Business/wireStory/us-filings-unemployment-benefits-fall-226000-week-layoffs-133995874"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Kalshi's ladder clusters tightly at 4.2-4.3%, consistent with a stable but softening labor market reading from current claims data."
    }
  ],
  "evaluation": {
    "judge_engine": "none — deterministic news-cycle scan",
    "judge_verdict": "auto_published",
    "judge_confidence": null,
    "prompt_template": "news_cycle_v1"
  },
  "citations": {
    "internal": {
      "cm_event": "/events/kxu3-26jun/",
      "related": []
    },
    "external": {
      "venue_a": "https://kalshi.com/markets/KXU3-26JUN-T4.3",
      "venue_b": null,
      "benchmark": null
    }
  },
  "sources": [
    {
      "label": "ABC News: US filings for unemployment benefits fall to 226,000 as layoffs remain",
      "url": "https://ingest.abcnews.com/Business/wireStory/us-filings-unemployment-benefits-fall-226000-week-layoffs-133995874",
      "published_at": "2026-06-18T12:43:30.000Z",
      "retrieved_at": "2026-06-21T11:13:58+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  }
}
PROVENANCE PROTOCOL v0.2 · [direct] venue api · [mediated] grounded web fetch + source url · [derived] computed from listed inputs · [editorial] versioned llm judgment · full spec /schema/provenance/v1
record CMSIG2026061806 published 2026-06-18T12:43:30.000Z signature sha256-f064efac8f8… ← underlying event all signals →