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Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028?

Yes46¢46%
No54¢54%
$200 Vol.

Event estimated to resolve on . These probabilities are based on what other investors recently paid for Yes and No positions.

About

If the June 2027 BLS Employment Cost Index value used under Connecticut General Statutes §31-58 produces a Connecticut minimum fair wage for January 1, 2028 that is above $18.00 per hour, then the market resolves to Yes. Under Connecticut law, the January 1, 2028 rate is determined by the 12-month percentage change in the applicable ECI through June 30, 2027, with the resulting wage rounded to the nearest cent. Resolution uses the 12-month percent change ending June 2027, not seasonally adjusted, for wages and salaries for all civilian workers. The January 1, 2028 minimum wage is calculated by applying that percentage change to the January 1, 2027 Connecticut minimum wage of $17.48 and rounding the resulting hourly wage to the nearest cent, consistent with Connecticut General Statutes §31-58. The market does not rely on the timing or wording of a subsequent Connecticut government announcement. Resolution source: United States Department of Labor, Bureau of Labor Statistics - Employment Cost Index, Table 8: Employment Cost Index for wages and salaries, for civilian workers, by occupational group and industry, not seasonally adjusted.

  • Full contract termsView
  • SourceFederal Reserve Bank of New York
  • Est. resolution date
  • Total event volume$200.00
  • Timeline

    The market will close and expire early if the event occurs. Otherwise, it closes by .

    1. Event open
    2. Event closed
    3. Projected payout
  • Insider trading is prohibited

    The following are prohibited from trading this contract:

    • Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
    • Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.

Trade Yes and No contracts

  • Yes
    Volume$200.00
    Price47¢
    0.00% today
  • No
    Volume$200.00
    Price54¢
    0.00% today

FAQ

Frequently asked questions

Public shows live market-implied probabilities, contract prices, and trading volume for Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028?. The outcome is Above $18.00 per hour, with an estimated probability of 46% and a Yes contract price of $0.47. Odds can change as traders buy and sell event contracts.

On Public, you can buy and sell event contracts for Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028? by choosing from the available outcomes. Compare live odds, probabilities, prices, and trading volume before making a trade. You can manage prediction markets alongside stocks, options, bonds, and crypto on Public.

Each event contract represents an outcome for Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028?. On Public, you can take a Yes or No position based on whether you think that outcome will occur. Contract prices reflect market-implied probabilities and can change as the market trades.

The estimated resolution date for Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028? is Jul 30, 2027. The prediction market will resolve according to its contract terms using Federal Reserve Bank of New York as the designated source. See the full contract terms on Public for the specific resolution criteria.

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Will Connecticut’s minimum wage exceed $18.00 per hour on January 1, 2028?

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Event estimated to resolve on at 10:00AM. These probabilities are based on what other investors recently paid for Yes and No positions.


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