Americas July 2007

Posted by Scriptaty | 7:52 PM

  • Canada’s Q1 economy grew 4.4 percent on an annual basis and 2.4 percent from the previous quarter. Its May jobless rate remained at 6.1 percent for the fourth-straight month and was also unchanged from May 2006.

  • Brazil’s jobless rate for the three-month period ending in May remained at 10.1 percent, a drop of 0.3 percent from the same period in 2006.

  • Argentina’s Q1 GDP increased 8 percent year-over-year and 1 percent from the previous quarter. The country’s May unemployment rate jumped 1.2 percent compared to April, but fell 1.5 percent from the previous year.

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