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"It fell in part because of a contraction in the labor force of 226,000, with the labor force participation rate declining to 62.7%, its lowest since June," he said.
Analysts were expecting India's growth rate to slow because of a contraction in new investments by the private sector and the financial effects of the crisis in Europe, but the numbers were worse than predicted.
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Wage inequality appears to be widening between the top and bottom ranks of the work force, partly because of a relentless contraction in blue-collar factory jobs.
"L'Oreal recorded low growth because of a slight contraction in the consumer products division, as the mass market hit an air pocket in Western Europe," chief executive Jean-Paul Agon said in a statement.
On Thursday, the Finance Ministry reported that because of an economic contraction, Japan's tax revenues last year were 5.5percentt below projections.
"This is not a good time to be thinking of European bank shares because a contraction of credit has already begun and will get worse".
The sharp increase in egg prices was caused by a confluence of factors, among them a contraction of the industry because of the slump in 2005 and 2006 and a major increase in feed costs.
During the first decade of the 21st century the economy grew slowly because of two recessions by definition, a contraction in growth.
However, policymakers have limited leeway to help, because the core of the problem is a contraction of external demand.
Actually, there is a complication (being ignored here) because of the contraction rule.
BTX-A is most effective for wrinkles that form because of muscle contraction, where weakening of the muscle smoothes and flattens the overlying skin.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com