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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.
SPAIN DATA
Spanish registered unemployment fell by 58.65k persons in May, bringing the total stock of unemployed claimants to 2,608k. The Spanish Labour ministry reports that this is the lowest stock of unemployed persons in the month of May since 2008.
- The data are not seasonally adjusted. Looking at May data back to 2010, the median fall in unemployment claims is 84.08k. As such, today’s reading indicates a smaller-than-usual fall.
- Services, which represents the largest proportion of unemployed (and employed) individuals, saw a 44.5k fall in May (vs a historical May median of -54.8k).
- Nevertheless, the data still suggests the unemployment rate may continue to moderate to all-time lows in Q2, helping underpin consumption growth going forward.
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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