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US unemployment rate rises to 4.5% or higher in April

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user-generated· macro

US unemployment rate rises to 4.5% or higher in April

Market overview

The April jobs report will show the unemployment rate increasing to at least 4.5%, up from the prior 4.3%. This uptick reflects a faster deterioration in labor market conditions than the 'stable' narrative suggests.

macro prediction market

Implied probability (Yes)
65%

Source: user-generated

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