Kalshi traders price May payrolls above the 90,000 Dow Jones consensus ahead of Friday report

Kalshi traders are positioning for slower job growth in May than April, but they still lean toward a result above the 90,000-job Dow Jones consensus. On Monday, the market implied a 56% chance the nonfarm payrolls figure beats Wall Street expectations, with 49% odds for more than 100,000 jobs and 40% for more than 110,000. The Bureau of Labor Statistics report is due Friday ahead of the Fed's June 16-17 meeting under Chair Kevin Warsh.