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.

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.

Most shoestring
e-biz companies begin in the home, whether the company trades in products or
services. Besides, statistics from the Small Business Administration (SBA)
strongly suggest your odds for success are greater if you launch from home. The Internet increased the allure of the home-based start-up. For a small Net-based business, there is little reason to rent
offices.

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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.

Since job alternatives are scarce
during this downturn, you can expect people to start visiting business
opportunity fairs seeking home-based enterprise opportunities. 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. 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. The attack has also dramatically increased our desire
to stay close to family.

3 percent increase in average hourly earnings left the year-on-year gain at 2. 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.

"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.

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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.

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.

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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. 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. The early-to-mid 1980s saw corporations laying off while collar
workers for the first time.

"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.

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