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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
- Well-hidden revisions to the labour force survey for 1987-2022 show softer employment and wage growth than first thought in the latest three months of data but no material change for the u/e rate.
- Employment growth was lowered to 69k in Dec (initial 104k) to leave a 3-month average of 55k (initial 74k) although similar downward revisions to labour force growth kept the unemployment rate at a historically low 5.0%, just one tenth higher than series lows from the summer.
- More importantly, the recent trajectory for average hourly wage growth is notably softer, averaging 5.0% Y/Y through 2H22 and 4.8% Y/Y in Dec vs the previously seen 5.4% average and 5.1% in Dec.
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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