"We'll get modest employment gains, not all that great, but enough to keep the economy moving forward," said Brian Bethune, an economist at Boston College.
The economy's resilience has come as a relief. Economists had expected that the Federal Reserve's aggressive campaign to subdue inflation would cause a recession. It didn't.
The once unlikely prospect of a 'soft landing' - in which high interest rates help vanquish inflation without triggering a recession - "is already secure," according to economist Brian Bethune.
Many Americans are unimpressed by the job market's durability and are still frustrated by high prices, which remain on average 19% above where they were in February 2021.
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