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.
U.S. employers added a strong 372,000 jobs in June, just barely slowing from the 384,000 added in May and above the 275,000 economists expected even as the economy showed signs of slowing. The unemployment rate remained steady at 3.6%, the Bureau for Labor Statistics said Friday.
Average hourly earnings rose by 0.3% over the month, a tenth slower from May’s figure. Labor force participation and the employment-to-population ratio ticked down by 0.1pp and 0.2pp, respectively.
Job growth was led by professional and business services (+74,000), leisure and hospitality (+67,000) and health care (+57,000). Total nonfarm employment is down by 524,000, or 0.3%, from its pre-pandemic level in February 2020, all due to lower government employment.
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.