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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US DATA
- Challenger job cuts see another strong rise of 410% Y/Y in February after January’s 440%, with 77.8k layoffs vs 15k a year ago.
- The details are similar to January. Tech layoffs still see the sharpest increase in Y/Y terms (21k vs just 115 Feb’22) but non-tech layoffs are playing an increasingly large role at 56k, from 15k in Feb’22 for a 273% Y/Y increase.
- However, just like with the January data, this hasn’t translated to initial claims data which continue to run close to series lows (and certainly wasn’t consistent with the surge in payrolls back in Jan).
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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