 AP News. I'm Ed Donohue. There were some signs of weakness, but overall, the June jobs report from the Labor Department was strong. 206,000 jobs were added, slightly less than in May. The unemployment rate rose slightly. PNC financial economist Gus Fauché says it's too early for the Federal Reserve to start cutting interest rates. We did get some better inflation numbers for May, but they want to see a few months of better inflation numbers.