Tue, 19 May 2026
Hunch
Market19 Aug 2026

Will Northern Ireland's unemployment rate published 15 Sept 2026 be below 2.0%?

BinaryResolves 15 Sep 2026
History88%
Hunch71%
Your forecast
  • Yes
  • No
Resolved
Resolved: NO

NISRA's Labour Market Report headline table 1a of 15 September 2026 put the seasonally adjusted 16 and over unemployment rate for May to July 2026 at 2.35 per cent, published as 2.4 per cent, up 0.6 points on the quarter (nisra.gov.uk). BBC News NI reported the 2.4 per cent rate the same morning (bbc.co.uk).

Resolved 15 Sep 2026
How this resolves

Resolves on the seasonally adjusted unemployment rate for those aged 16 and over in the NISRA Labour Market Report headline tables published on 15 September 2026. YES if that figure is below 2.0 per cent. A figure of exactly 2.0 per cent resolves NO. The 16 to 64 table is not used. If the release is delayed, the market resolves on the same table when published, up to 30 September, and voids after that. If that source has not published in time, BBC News NI and the Belfast Telegraph reporting the figure settle it.

The pattern behind it

7 of 8
Seven of the last eight sub-2 per cent readings were followed by another below the line; the full record is 14 of 16. The limitation is severe and has to be stated: rolling quarters overlap by two months, so consecutive observations share two thirds of their sample and are not independent trials. The number describes persistence in a smoothed series, which is real information, but it is not sixteen separate coin flips and should not be read as one.

We looked at NISRA's whole unemployment series, from early 1995 to June 2026: 376 readings in all. Only 17 are below 2 per cent, all of them since 2023, and 16 of those have a reading after them. For each we asked whether the next reading was also below 2 per cent. Seven of the last eight were followed by another below 2 per cent. The last eight are shown.