OUTPUT, DEMAND AND JOBS
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OUTPUT, DEMAND AND JOBS Boosted by increased private consumption and exports, Sweden's GDP expanded by 3.1% in the second quarter; its annual growth rate rose to 4.0%. Canada's jobless rate jumped unexpectedly to 6.8% in July, the first rise since August 1999. America's unemployment rate stayed at 4.0%. Germany's industrial output rose by 3.1% in the year to June.
This article appeared in the Economic & financial indicators section of the print edition under the headline “OUTPUT, DEMAND AND JOBS”