In 2020, following the COVID-19 pandemic the unemployment rate spiked to 14.8%. Since then the unemployment rate has declined, finishing the year around 6.7%. This is still much higher than the rate pre-pandemic of 3.5%.
Will the US unemployment rate stay above 5% through November 2021?
The question will resolve based on US Bureau of Labor Statistics data. This question will resolve positive if the months Jan-Nov (inclusive) are >= 5.0 for Civilian Labour Force Unemployment rate. Currently Dec-20 is 6.7 as of Jan-21. This question should resolve on the basis of BLS's November Employment Situation, released in early December. Historical values can be viewed here.
If the Civilian Labour Force Unemployment rate drops below 5.0 at any time before the close date, the question will retroactively close at the time of publication.