Difference between revisions of "Strong U.S. employment report brightens economic outlook"

Revision as of 14:25, 6 September 2016

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More than a million Turks gathered in Istanbul on Sunday for a rally called by President Tayyip Erdogan to denounce a failed coup - a show of strength staged in the face of Western criticism of widespread purges and detentions.

Last month's strong jobs growth should reinforce the Fed's confidence in a labor market that officials view as at or near full employment. Fed Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with population growth.

Nonfarm payrolls rose by 255,000 jobs after an upwardly revised 292,000 surge in June, with hiring broadly based across the sectors of the economy, the Labor Department said on Friday. In addition, 18,000 more jobs were created in May and June than previously reported.

Such solidarity may not last. There are already opposition concerns that the restructuring of the military lacks parliamentary oversight and is going too far, with thousands of soldiers discharged, including around 40 percent of generals.

Construction payrolls rose 14,000 following three consecutive months of declines. Mining shed a further 7,000 jobs in July. Manufacturing sector employment increased by 9,000 jobs in July after adding 15,000 positions in June.

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TAT has been focusing on promoting Thailand as the destination of choice for new niche tourist markets such as female and wellness travellers and their sustained campaigns and marketing activities seem to be paying off, luring more tourists to Thailand than ever before nWell, tourism is on the increase in Thailand overall, with the Tourism Authority of Thailand (TAT) projecting that revenue from both international and domestic tourism will reach 1 trillion baht and that the total number of international visitors will surpass 15 million in 2011.

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3 percent increase in average hourly earnings left the year-on-year gain at 2. The average workweek increased by 0. 5 hours in July, the most since January. With both hours and hourly earnings rising, workers' take-home pay shot up 0.

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central bank would raise its target interest rate by a quarter percentage point by the end of the year, compared with 8 of 15 primary dealers in a July 8 poll. Treasury dealers who do business directly with the Fed, 13 said the U.

Banners read "You are a gift from God, Erdogan" or "Order us to die and we will do it". But it was also the first time in decades that major opposition parties joined a rally in support of the government in the nation of almost 80 million.

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