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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 OUTLOOK/OPINION
The JOLTS report for September saw some Delta-disruption but generally indicated conditions to support strong wage growth.
- JOLTS job openings dipped from an upward revised August but remained extremely high in September at 10.4M.
- There were clear signs of Delta wave disruption on the month, with roughly half the fall coming from leisure & hospitality.
- There was a similar story in the quits rate, where the private sector rate increased further 3.4% from 3.3% but was heavily driven by a large jump in arts & recreation.
- The twenty-year high in quits and high levels of job openings continues to indicate strong wage growth as businesses compete to attract and retain workers.
Source: BLS, MNI
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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