Have we dodged a macro bullet? Today’s employment news offers two data points for thinking positively. New claims for jobless benefits dropped again last week and the ADP Employment Report for June reports a revival in private sector job growth after the sharp downshift in May. The numbers aren’t particularly impressive per se, especially for the new claims tally. But there’s enough juice in the latest updates for arguing that the recent stumble in the macro trend isn’t getting worse and may very well be giving way to a stronger rate of growth.