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U.S. hourly earnings growth on Kalshi
If the U.S. average hourly earnings growth for November 2026, measured as the seasonally adjusted month-over-month percentage change for all employees on private nonfarm payrolls, is above 0.6%, then the market resolves to Yes.
Settles on: Bureau of Labor Statistics.
Market says (typical open contract)
58%
Median YES price across 8 open contracts, 10 Nov 2026 09:57 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
84% 😈
Mostly luck. The market itself expects the favorite to lose this often; the fee is the only certainty.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 58¢ (now) | 1.7¢ | $1.47 | 59.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will U.S. average hourly earnings growth for November 2026 be above 0.6%? · Above 0.6% | 3¢ | 3% | 0.2¢ | — | 7% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.5%? · Above 0.5% | 5¢ | 5% | 0.3¢ | — | 10% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.4%? · Above 0.4% | 12¢ | 12% | 0.7¢ | — | 24% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.3%? · Above 0.3% | 31¢ | 31% | 1.5¢ | — | 62% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.2%? · Above 0.2% | 58¢ | 58% | 1.7¢ | — | 84% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.1%? · Above 0.1% | 82¢ | 82% | 1.0¢ | — | 36% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above -0.1%? · Above -0.1% | 96¢ | 96% | 0.2¢ | — | 7% | 0 | Dec 04, 13:29 UTC |
| Will U.S. average hourly earnings growth for November 2026 be above 0.0%? · Above 0.0% | 94¢ | 94% | 0.4¢ | — | 12% | 0 | Dec 04, 13:29 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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