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

Revision as of 04:03, 6 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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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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inflation and a global economic growth slowdown. central bank raised interest rates for the first rise in nearly a decade last December, but since then has held rates steady amid concerns over persistently low U.

"We're here to show that theses flags won't come down, the call to prayer won't be silenced, and our country won't be divided," said Haci Mehmet Haliloglu, 46, a civil servant who traveled from the Black Sea town of Ordu for the rally.

"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.

Parents of young children are probably growing
disenchanted with the life of daycare and office buildings in the new world
that abruptly appeared on September 11. Since job alternatives are scarce
during this downturn, you can expect people to start visiting business
opportunity fairs seeking home-based enterprise opportunities. The attack has also dramatically increased our desire
to stay close to family. There are
certain to be millions across the nation now who shudder as they commute to a
tall office building. The biggest recent factor to fuel this boom came on September 11.

Retail sector employment increased by 14,700 jobs and payrolls in the leisure and hospitality sector rose by 45,000. Professional and business services, a high wage sector, added a strong 70,000 jobs last month, the most since last October.

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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.

Both events proved crucial in helping out the Greek tourism and its real estate market to resurrect themselves in the eyes of the global community. A whole lot of new construction was undertaken during the Olympics campaign, which subsequently became the selling ground for the Greek real estate. From what we understand about today's Grecian real estate, it is hard to buy a low-cost single family house in Athens, where the demand to supply ratio for such units is much higher compared to the other regions of the country.

With both hours and hourly earnings rising, workers' take-home pay shot up 0. 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.

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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