Strong U.S. employment report brightens economic outlook
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.
With both hours and hourly earnings rising, workers' take-home pay shot up 0. The average workweek increased by 0. 5 hours in July, the most since January. 3 percent increase in average hourly earnings left the year-on-year gain at 2.
Greece property provides the buyers with an option to buy holiday homes, villas and apartments over a wide range of tourist places. There is no definite answer as to why this latest upsurge may have taken place in the Greek property market, but the analysts attribute two major geopolitical events for this transformation. Least to say, these are well developed urban areas with the air links and sea routes arriving in from and leading out to the entire globe. The first one was the admission of Greece into the European Union in 1981, and the second one, the return of Olympic games in Athens in 2004. These places are scattered allover its mainland, the coastal area and several of its well-known islands.
Amid the cooling of ties with the West, Erdogan is due to meet Russian President Vladimir Putin on Tuesday in St Petersburg for talks intended to end a period of tension after Turkey downed a Russian fighter jet near the Syrian border last November.
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.
Both the Mercure Krabi Deevana in Ao Nang and the Beyond Resort Krabi in Klong Muang are scheduled for completion in the last quarter of 2011 nTo cope with the dramatic swell in tourist numbers, Krabi construction companies are busy with a number of new high profile projects that will significantly improve the number of quality hotels and resorts in the region.
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On the other hand, many villa owners lend their properties to holidaymakers, who flock in huge numbers after each winter season. Villas can be sold to other buyers at a handsome premium later. Thus, the market for Greece property provides with a great investment value to all those who might be willing to cash in from its buoyant trend. Anybody who might be seeking to own a Greece property will have to fulfill certain conditions before doing so.
Professional and business services, a high wage sector, added a strong 70,000 jobs last month, the most since last October. Retail sector employment increased by 14,700 jobs and payrolls in the leisure and hospitality sector rose by 45,000.
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employment rose more than expected for the second month in a row in July and wages picked up, bolstering expectations of faster economic growth, and raising the probability of a Federal Reserve interest rate increase this year.
Temporary-help jobs, a harbinger of future hiring, increased 17,000. Government employment increased by 38,000 jobs as state and local authorities stepped up hiring of teachers. Healthcare and social assistance payrolls rose by 48,800 jobs, extending the prior month's hefty gains.
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