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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
- Within the details of the SEPH report for October, the fixed weight measure of wage growth bounced back to 4.0% Y/Y from 3.5%.
- It’s still notably weaker than other measures growing at 5-5.5% Y/Y but does buck some of its latest trend moderation (see chart).
- On the flipside, vacancies fell more than 80k in the month to the lowest since February, with the vacancy rate of 5% down from summer highs of 6%. The ratio to unemployed of 1:1 sees little change though, suggesting continued issues matching labor despite some improvement at the margin (albeit with a lack of historical data for better comparison).
- Focus remains on the regular employment report for December on Jan 6.
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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