labor markets in July, manufacturing payrolls shrank 22,000, a decline consistent with the drops of 22,000 and 29,000 in May and June, respectively.

But in the rest of the economy, payrolls in industries outside manufacturing gained roughly 240,000, an impressive addition in line with the average monthly increase seen in the first six months of the year. Also, the nonfarm workweek was unchanged at 34.6 hours, while the index of aggregate hours worked rose 0.3% in July, putting it well above the second-quarter average and suggesting a good start to third-quarter gross domestic product.

"The bottom line is that this is a classic recipe for Fed policy to remain tilted toward higher interest rates," notes John Williams, chief economist at Bankers Trust.

A number of key reports on the economy duecommunity. The recommended long-term care setting (RLTC) can include living in the community (e.g. private residence, independent living), in residential care, hospitals or other types of institutional care. The recommendations made as part of this assessment are independent of the individuals' approval to access residential care. Moreover, ultimate approval and placement in residential care is affected by a range of factors including supply of places in local areas, a means and needs test in addition to the residential care facilities approval of the client. However, the aged care assessment, known as an ACAP assessment, is an important key first step in entry into residential care in Australia. It is also a compulsory step in gaining access to a range of support services including home care, respite care and