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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 renewed their acceleration in May as they increased 287% Y/Y after moderating to 176% in April following an average 390% Y/Y in Q1.
- In level terms, the non-seasonally adjusted 80.1k was up from 67.0k in April and closer to March’s 89.7k.
- Over half of the month’s increase came from tech job cuts (from 11.6k to 22.9k) but importantly, base effects meant that non-tech layoffs of 57.2k were up 243% Y/Y after 130% in April and the average 211% Y/Y in Q1.
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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