WASHINGTON (MNI) - The June employment report was strong and the only criticisms of the data might be that many jobs are being created in weaker industries like resorts, and that as jobs are created more people are edging back into the labor force, creating a stalling in the unemployment rate.

June payrolls were up 195,000 and April-May jobs revisions totaled +70,000. The average pace of job gains is now +182,000 a month over the trailing year -- a pretty decent pace consistent with a +2% economy that is being fueled by hiring as productivity stalls.

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