Unemployment in Canada increased, but more people were employed than anticipated in April

Note: This section contains information in English only.
Source: Statistics Canada
In April unemployment in Canada was 7.3% in comparison to 7.2% in March this year. Employment rate was 58.2k, which was 48K more than anticipated and second consecutive month of significant changes in last half a year. Most of the change in employment was among full time positions, primarily in construction and manufacturing sectors. Employment increased by 5.5% in 55 year old and above age group group in comparison to April last year. Increase in 25 to 54 group was only 0.5% and there was almost no change in 25 and below group.
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Fri, 11 May 2012 14:36:13 GMT

US producer price index drops

After three consecutive months of non negative changes, US producer price index decreased by 0.2% although no change was anticipated in April. According to specialists, this was mainly due to falling prices of core materials such as fuel, crude oil and intermediate goods. In past year index increased by 1.9% which is the smallest 12 month change in almost two and a half years. 

Fri, 11 May 2012 13:02:12 GMT

Nissan profits soared amid strong global sales

Nissan profits surged in Q1, being supported by strong sales in the fast-expanding markets. The company announced a net income of 75.3 billion Yens in Q1 as compared to 30.8 billion Yens in Q1 of 2011. The global sales of Nissan rose to a record high of 4.8 million vehicles in 2011.

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