Will the U.S. unemployment rate for November 2026 be at least 4.2 %?
deadline 2026-12-20
confidence medium
tier 1 evidence
61%PolySignal estimate
Resolution criterion
Resolves YES if the first value read on or after 2026-12-20 from the FRED series UNRATE (civilian unemployment rate, seasonally adjusted, BLS data republished by FRED) shows for November 2026 a rate (one decimal) of at least 4.2 %. The value read at that moment is final (later revisions, including annual seasonal-adjustment revisions, do not change the outcome). If the November 2026 value is not yet published on 2026-12-20, the check is repeated until 2026-12-30, after which the question is voided. Also voided if the BLS changes the base period or the definition of the series. Reference at creation: 4.2 % (September 2026). Data: U.S. Bureau of Labor Statistics, via FRED, Federal Reserve Bank of St. Louis.
Verified starting state
Computed base rate: 52% of past two-month changes in this series since 1990 reached the change implied by this threshold (threshold 4.2 %, reference 4.2 % in 2026-09). Overlapping windows: small effective sample. Data: U.S. Bureau of Labor Statistics, via FRED, Federal Reserve Bank of St. Louis.
What pushes it up
- September 2026 unemployment rate was reported at 4.2 %, indicating the threshold is already met and could persist into November [tier 2]
- Recent labor‑market data show a slowdown, which historically precedes higher unemployment rates [tier 2]
What pushes it down
- Jobless claims dipped to 197,000, signaling labor‑market resilience that could keep unemployment below 4.2 % [tier 4]
- Midterm‑related hiring slowdown may be temporary and not translate into higher unemployment [tier 4]
What would move this number most
The actual October and November unemployment figures; any unexpected shift in hiring or claims trends would move the estimate most.
How this number is built
| Deadline | 2026-12-20 |
| Base rate | 52% |
| Best evidence | tier 1 · 6 article(s) used |
| Independent runs | 60 · 62 (spread 2 pts) |
| Confidence | medium |
| Evidence cap | not triggered |
| Last revised | 2026-10-09 12:20 |
| Model | openai/gpt-oss-120b (Groq) |
Sources consulted