What if State-level work-authorization programs ease labor gaps (good)?
States expand work-authorization and licensing pathways to fill chronic labor gaps in care, construction and agriculture; the localized labor-supply boost eases wage pressure and supports regional output.
The butterfly cascade
How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.
Resolution timeline — how this probability is moving
Our model's odds (electric blue) over time vs the market's (Polymarket, amber), from the past toward the 1–3 years horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. Loading the probability audit trail…
What it would mean
If this plays out, it is a risk-on shock. States expand work-authorization and licensing pathways to fill chronic labor gaps in care, construction and agriculture; the localized labor-supply boost eases wage pressure and supports regional output. The trigger decomposes into signed root‑shocks — Growth surprise ▲ · Inflation expectations ▼ · Labor surplus ▲ · Risk appetite ▲ — which propagate through our causal graph to the markets below.