{
  "$schema": "https://clearmarket.fyi/schema/signal/v1.json",
  "record_id": "CMSIG2026080701",
  "record_slug": "sept-2026-payrolls-ladder-implies-50k-60k-range-2026-08-07",
  "schema_version": "v0.2.0",
  "provenance_version": "0.2.0",
  "published_at": "2026-08-07T15:31:12.000Z",
  "semantic_title": "September jobs outlook stays cautious after shock print",
  "telemetry": "Kalshi ladder",
  "headline": "Sept 2026 payrolls: ladder implies 50K-60K range",
  "category_tag": "MOMENTUM_REPRICING",
  "secondary_tags": [],
  "detection_path": "news_cycle",
  "pre_news_classification": "concurrent",
  "status": {
    "state": "live",
    "as_of": "2026-09-05",
    "outcome": null,
    "outcome_basis": null,
    "final_price": null,
    "resolved_at": null
  },
  "target_event_id": "CM-EVT-MZQH465PC3",
  "target_event_slug": "kxpayrolls-26sep",
  "event_question": "September 2026 nonfarm payroll change",
  "linked_event_ids": [],
  "primary_market": {
    "platform": "kalshi",
    "platform_market_id": "KXPAYROLLS-26SEP-T60000",
    "question_raw": "Will above 60000 jobs be added in September 2026?",
    "current_price": 0.44,
    "volume_24h_usd": 279.59,
    "arbitration_model": "kalshi_staff",
    "resolution_source": "BLS",
    "resolves_at": "2027-01-01T14:00:00Z"
  },
  "related_markets": [],
  "bullets": [
    "Ladder pins September 2026 payrolls in the 50K-60K range: 93% above -25K, 83% above zero, but only 44% above 60K.",
    "July came in at -23K vs. +80K expected; the ladder's subdued September outlook is consistent with a weakening trend.",
    "October ladder (CM-EVT-6CSLHX0K76) implies 70K-80K, suggesting markets see July as a one-month shock rather than a sustained collapse.",
    "Both ladders resolve via BLS Employment Situation releases; benchmark revisions could shift implied ranges materially."
  ],
  "atomic_claims": [
    {
      "type": "news_event",
      "field_provenance": {
        "story": {
          "tier": "mediated",
          "method": "exa_search",
          "source": "financefeeds.com",
          "source_url": "https://financefeeds.com/july-jobs-report-payrolls-fall-september-fed-cut/",
          "retrieved_at": "2026-08-08T08:35:11+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": "July 2026 nonfarm payrolls fell 23,000 against an 80,000 consensus forecast, with 103,000 in downward revisions to prior months.",
      "publisher": "financefeeds.com",
      "published_at": "2026-08-07T15:31:12.000Z",
      "source_url": "https://financefeeds.com/july-jobs-report-payrolls-fall-september-fed-cut/"
    },
    {
      "type": "pm_response",
      "field_provenance": {
        "notes": {
          "tier": "editorial",
          "method": "llm_judge_cm_signal_v1"
        }
      },
      "notes": "Ladder distribution data via ClearMarket reference layer; no single-venue attribution available for these ladder events."
    }
  ],
  "sources": [
    {
      "label": "financefeeds.com: https://financefeeds.com/july-jobs-report-payrolls-fall-september-fed-",
      "url": "https://financefeeds.com/july-jobs-report-payrolls-fall-september-fed-cut/",
      "published_at": "2026-08-07T15:31:12.000Z",
      "retrieved_at": "2026-08-08T08:35:11+00:00"
    }
  ],
  "field_provenance": {
    "pm_data": "kalshi_api",
    "news_context": "exa_search",
    "editorial_judgment": "cm_signal_llm_judge"
  },
  "canonical_urls": {
    "html": "https://clearmarket.fyi/signals/sept-2026-payrolls-ladder-implies-50k-60k-range-2026-08-07/",
    "json": "https://clearmarket.fyi/signals/sept-2026-payrolls-ladder-implies-50k-60k-range-2026-08-07.json"
  },
  "license": "https://creativecommons.org/licenses/by/4.0/",
  "_provenance_registry": {
    "direct": "Unaltered extraction from primary venue/source API (e.g., polymarket_clob_api, kalshi_api, BLS, FRED). Highest trust tier.",
    "mediated": "Information fetched via grounded agentic retrieval (e.g., perplexity_grounded). MUST carry source_url to the underlying primary source.",
    "derived": "Algorithmic computation from listed inputs. Chain only as fresh as the oldest input timestamp (see as_of).",
    "editorial": "Interpretive classification produced by a versioned LLM prompt template (prompts auditable in github.com/JDSource/clearmarket/prompts)."
  },
  "_provenance_canonical": "https://clearmarket.fyi/schema/provenance/v1"
}