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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.
CANADA DATA
- The u/e rate fell a tenth to a new low of 5.2% as expected (starting 1976) whilst jobs disappointed at +15k (cons +40k) caveated by it following +409k in the previous two months after -200k in Jan.
- Participation surprisingly fell a tenth to 65.3% as it continues to plateau (prime age -0.2pts) with a 1k increase in the labour force, but employment-to-pop holds at 61.9%, at pre-pandemic levels since last month.
- A spike in illness-related absences partly drove a fall in hours worked, at 9% vs 7% av for April in 2017-19, off the 10.4% in Jan’22 but still one of highest of pandemic.
- Wage growth also softened from 3.7% to 3.4% Y/Y (cons 3.6%) for the permanent hourly figure.
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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