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.
Unemployment across the OECD area edged lower in February, dipping to 6.7% from the 6.8% recorded in January, data published Monday by the Paris-based organisation showed. The jobless rate remains 1.4pp above the level seen in February 2020 before the start of the pandemic. Youth unemployment eased as well to 13.7%, down from 14.0% seen in January.
The unemployment rate remained stable in the eurozone, at 8.3%, while the US registered a small decline to 6.2% and the Canadian unemployment rate decreased to 8.2%. March data suggests further declines in the US and Canada. While Australia saw the largest downtick in the jobless rate to 5.8%, Israel recorded an increase to 5.1%. Japan (2.9%) and Mexico (4.5%) had stable unemployment rates in February.
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.