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Prius could help drive Japan's joblessness down
Japan's inflation rate jumped 1 percent last month, the quickest rise in 10 years. High prices for imported oil is blamed partly to blame for the increase. Other date released today shows the country's jobless rate climbing to almost 3.9 percent. Unemployment has been hovering around 4 percent in Japan since last Fall.
But Toyota Motors may help draw down the jobless rate a bit. The company is planning to boost production of the popular Prius hybrid at it's Japanese plants. Today's Nikkei business daily reports Toyota hopes to increase output to 450,000 cars a year by 2009. Last year, the auto maker built about 280,000 Prius cars.
Posted by Melissa Kaplan on March 28, 2008 6:21 AM PT | Permalink
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