The US job market likely added 160,000 jobs last month, maintaining steady growth despite economic uncertainties.

Hiring in leisure and hospitality is expected to recover after setbacks from January’s wildfires. While the job market has cooled from its 2021 peak, it remains resilient despite high interest rates.

The Federal Reserve cut rates thrice in 2024 but paused further cuts as inflation progress stalled.

Wage growth likely slowed in February, though not enough to trigger an immediate Fed rate cut. Trade tensions and potential tariffs could weigh on hiring, wages, and consumer spending in the coming months.

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