Statistics Canada: Gross Domestic Product

gross domestic product: Productivity is a measure of real gross domestic product per hour worked, and analysts had expected Canada to achieve just 0.3 per cent growth, according to CBC. U.S. workers achieved an annualized productivity growth of 2.3 per cent in the second quarter, reflecting flat wages and a boost in the number of jobs, according to the U.S. Labor Department. Improved outlook may hasten Fed pullout Labour productivity among Canadian workers in the private sector rose by a stronger-than-expected 0.5 per cent in the second quarter, the biggest gain in six quarters, Statistics Canada said on Friday. On an annual basis, Canadas productivity growth doesn't look as strong up just 0.1 per cent since the same period last year, a result of very poor growth in 2012. (www.immigrantscanada.com). As reported in the news.