The June jobs numbers are out.
The jobless rate came in at 3-and-a-half percent, down from 3.6 percent in May.
But the pace of job creation slowed compared to recent months.
The number of the employed stood at a little less than 25.9 million, which is up close to 400-thousand compared to the same month last year.
But it reflects four straight months of monthly job growth on the decline.