
Will weekly jobless claims exceed 385K for the week ending on August 7?
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Resolution rules
From PolymarketAbout this market
ContextThis is a market on whether the number of Americans that file weekly jobless claims will exceed 385,000 for the week ending on Saturday, August 7, 2021. This market will resolve to “Yes” if the United States Department of Labor reports that there were more than 385,000 seasonally adjusted initial claims for unemployment insurance for the week ending on August 7, 2021. This market will resolve to “No” if the United States Department of Labor reports that there were 385,000 or less seasonally adjusted initial claims for unemployment insurance for the week ending on August 7, 2021. The resolution source for this market will be the United States Department of Labor’s Weekly Uninsurance Claims report for the week ending on Saturday, August 7, 2021, expected to be released on Thursday, August 12, 2021, 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. If data is not available for the aforementioned dates by Wednesday, August 18, 2021, 12:00 PM ET, this market will resolve 50-50.
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.