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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
- Fresh recent history lows in both unemployment (3.47%) and U-6 underemployment (6.5%) were noteworthy against the slightly larger than expected rise in participation (from 62.1 to 62.3, cons 62.2%).
- The latter rise was seen across the board in both prime and various non-prime age groups. However, both total and prime participation rates remain off post-pandemic highs seen in the summer, notably so in the case of prime age (see chart), likely require further improvements to more seriously allay concerns of labor not returning to the workforce including early retirees.
- Further into the details, the underemployment rate touching new recent lows came despite a more material bounce in those working part-time for economic reasons from twenty-year lows, likely offset by a less optimistic drop in those marginally attached.
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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