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.

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. 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. Greece property provides the buyers with an option to buy holiday homes, villas and apartments over a wide range of tourist places. 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. These places are scattered allover its mainland, the coastal area and several of its well-known islands.

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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.

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.

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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Fed Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with population growth. 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.

Villas can be sold to other buyers at a handsome premium later. On the other hand, many villa owners lend their properties to holidaymakers, who flock in huge numbers after each winter season. Anybody who might be seeking to own a Greece property will have to fulfill certain conditions before doing so. 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.

They are raising
families, making their mark at work, and buying family size
cars. The late boomers are approaching 40. They
know what an IPO is and how to invest online. Thoroughly imbued with the computer culture, they may
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jobs to become free agents or to start a business.

And whether they protested the Vietnam War or not,
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