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Contract Details

Unemployment rate to be MORE than 6.0% for the December 2015 quarter

Unemployment rate to be MORE than 6.0% for the December 2015 quarter

UN.DEC15.GT60
Contract Info 
  • Symbol: UN.DEC15.GT60
  • Last Trade Price: $0.6819
  • Last Trade Time:
    21 Jan 8:18am
  • Today’s Volume: 0
  • Average Daily Volume: 0.5
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 11 Dec 14
  • Close Date: 22 Feb 16
  • Status: Active

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Long Description

This contract pays $1 if Statistics NZ reports the Unemployment rate is MORE than 6.0% for the December 2015 quarter. Otherwise this contract pays $0.

Judging Criteria 

This contract is tied to the Unemployment rate, as measured by Statistics New Zealand's Household Labour Force Survey.

This contract will close following the announcement by Statistics New Zealand of the December 2015 quarter Unemployment rate.

In the event the Household Labour Force Survey is discontinued, iPredict will select another series at its sole discretion.

Any corrections available to iPredict at the time of this contract's closing will be taken into account. Data will be taken "as is". However, if error is suspected then iPredict reserves the right to seek clarification before judging this contract.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.