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Wednesday, May 14, 2008

Turkish employment reform destined to fail-employers | Reuters

"Turkish employment reform destined to fail-employers
Tue May 13, 2008 7:35pm IST

By Selcuk Gokoluk and Zerin Elci

ANKARA, May 13 (Reuters) - A Turkish fiscal stimulus package and an employment reform aimed at creating jobs will not create the desired effects due to a global credit crunch and a slowdown in the economy, an employers' forum said on Tuesday. Later on Tuesday, parliament is expected to start debating a new employment package, which cuts social security premiums paid by employers by 5 percentage points and provides incentives to hire women and people below 30."

More:Turkish employment reform destined to fail-employers | Reuters