U.S. job growth seen slowing, but remaining solid in July

Still, it would mark the sixth straight month that employment has expanded by more than 200,000 jobs, a stretch last seen in 1997. The unemployment rate likely held at a six year-low of 6.1 percent, but could surprise on the downside after surveys showed Americans becoming more upbeat about jobs. "As long as we have job growth going in the right direction and the labor market tightening up, we are still in a good place," said Robert Dye, chief economist at Comerica in Dallas The Labor Department will release its employment report, which is closely watched by financial markets around the globe, at 8:30 a.m. EDT (1230 GMT) on Friday.

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