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

Revision as of 17:06, 4 September 2016

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.

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Even Erdogan's opponents saw his continued leadership as preferable to a successful coup renewing the cycle of military interventions that dogged Turkey in the second half of the 20th century. The brutality of July 15, in which more than 230 people were killed as rogue soldiers commandeered fighter jets, helicopters and tanks, shocked a nation that last saw a violent military power grab in 1980.

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The early-to-mid 1980s saw corporations laying off while collar
workers for the first time. In earlier down cycles, while collar workers were
immune to layoffs as companies trimmed blue-collar manufacturing jobs. Suddenly the home enterprise was legitimate. We can thank the last major down cycle for taking the stigma out of home
enterprises. Running a company from your
spare bedroom no longer meant you spent your day holding Mary Kay and
Tupperware parties. The
laid-off white collar workers became consultants and worked from home.

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

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"Erdogan has been brutal and unfair to us in the past, but I believe he has now understood the real importance of the republic's values," said Ilhan Girit, 44, a musician and CHP supporter, carrying a flag of Mustafa Kemal Ataturk, founder of the modern secular republic.

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After he'd cast out his makeshift setup, everything was quiet for awhile, until I heard a distinct "OOOF! In true �make do� fashion, Spider tried to salvage the night by pulling a bunch of line out of his tackle box and tying the whole setup to his ankle. By the time he'd finally stopped whimpering, I'd landed my fish.

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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.

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

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