Strong U.S. employment report brightens economic outlook

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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.

Other details showed a rise in the labor force, which lifted the participation rate, or the share of working-age Americans who are employed or at least looking for a job, by one-tenth of a percentage point to 62.

Erdogan, a polarizing figure seen by opponents as intolerant of dissent, has invited the heads of the secularist and nationalist main opposition parties to address the crowds in a display of national unity in defiance of Western criticism.

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.

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" But, they are very
different from people now in their 60s and beyond. The people ahead of
them lived through the depression. To get a handle on the Baby Boom market, try using the
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phase. Here are three examples: Depending on when
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"The July jobs report was everything you could have asked for and more. Provided the strength in jobs is confirmed with other economic data, the Fed will have sufficient reason to hike (rates) this year," said Michelle Meyer, a senior economist at Bank of America Merrill Lynch in New York.

But a broad measure of unemployment that includes people who want to work but have given up searching and those working part-time because they cannot find full-time employment rose one-tenth of a percentage point to 9.

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And people are getting tired of reporting to offices
where salaries are frozen and advancement opportunity is narrowing as people
hold tight to their current jobs. You may not read much about it, since
home business activity takes place quietly, but it's coming nonetheless. Layoffs are increasing. There is a coming home-business boom. All
of the elements are there to support this quiet boom. Home-equity gains of the past few years provide the modest capital needed for
a home-based launch.

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