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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Daily Summary: Monday, Aug 26
MNI: China CFETS Yuan Index Down 0.50% In Week of Aug 23
MNI: 5 Things We Learned From UK Labour>
By Laurie Laird and David Robinson
LONDON (MNI) - The following are the key points from the November
labour data published Wednesday by the Office for National Statistics.
- Early signs of a slowdown in the UK labour market with employment
falling for the second consecutive period, the first back-to-back falls
since the first half of 2015.
- The inactivity rate rose by 0.3% to 21.5%, matching the largest
quarterly increase since 1992.
- However, the data show a striking combination of job vacancies
rising, by 14,000 on the month to a record high of 798,000 while
employment fell. This meshes with survey evidence of employers
struggling to fill posts due to skill shortages.
- Skill shortages may be pushing up on nominal earnings, with
total rising 2.5% on the year, the fastest pace since the fourth quarter
of 2016.
- With inflation at 3.0%, real earnings remained negative, with
total pay falling by 0.2% over the three months to October 2016.
-London bureau: 44 (0) 203 865 3812; email: ukeditorial@marketnews.com
[TOPICS: M$B$$$,MABDS$]
To read the full story
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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.