CNN —
The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal.
Monthly job gains have slowed but remain stable, labor demand and supply have come more into sync, there hasn’t been a rash of layoffs and the overall economy and spending have held up just fine.
Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth.
Federal Reserve Chair Jerome Powell said as much Wednesday: “A
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