Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions

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The Bureau of Labor Statistics will release July employment data on Friday, with economists expecting 85,000 jobs added according to Dow Jones consensus estimates. However, traders on prediction market platform Kalshi believe the figure could come in slightly lower, placing only a 47% chance that employers added more than 80,000 jobs and a 60% chance that the number exceeds 70,000. About one-third of traders expect the figure to fall below 60,000 jobs. In June, the same traders had predicted more than 125,000 jobs added, but the official figure came in at just 57,000.

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