Free Trial
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
- The two tenth increase in u/e rate was boosted by rounding, up from 3.43 to 3.57% (cons 3.4%) from what was the lowest reading since 1969. In this cycle it has only been lower four months (through a period starting July).
- It came as household employment increased ‘only’ 177k whilst labour force saw another strong 419k - the data can be volatile but 1.7M have entered the labour force in the last three months.
- This labour supply will be encouraging for the Fed, with total participation rate up from 62.35 to 62.47% (cons 62.4), a new post-pandemic high, but more of note is the prime age rate returning to pre-pandemic levels at 83.1% (+0.4pp on the month, +0.7pps since Dec).
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok