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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.
US DATA
MNI (London)
The February Chicago Survey™ signaled further labor supply shortages in February, and asked firms whether they were looking at technological solutions to assist with continued difficulties of staff shortages.
- The Employment subindex decreased for a third month in February, slipping -4.7 points to 37.3. This is the weakest since June ’20 and outside of the April-June 2020 period the lowest since 2009.
- Recruiting remained challenging as firms struggled to find personnel. Others began actioning reorganization plans. Over one-third of firms recorded lower February employment.
- Our February special question asked firms whether they were reconsidering automation / artificial intelligence / digital technology to assist with the labor shortages this year.
- 22.6% of firms asked were reconsidering technological solutions, with a further 29.0% somewhat considering the option.
- Over a third (35.5%) were not doing so and 12.9% remained unsure.
- Material shortages were cited for delays in implementing automation thus far.
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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