The Globe and Mail reports in its Saturday edition that the U.S. economy continues to add jobs, with 275,000 in February, showcasing the economy's resilience despite high interest rates. An Associated Press dispatch to The Globe reports that February marked the 25th straight month in which joblessness has remained below 4 per cent -- the longest streak since the 1960s. The latest figures reflect the job market's sustained ability to withstand the 11 rate hikes the Federal Reserve imposed in its drive against inflation, which made borrowing much costlier for households and businesses. The February figures will likely make Fed officials more comfortable about cutting rates in the coming months. With December and January job gains revised sharply down, wage growth easing and the unemployment rate up, Fed officials are not likely to worry about an overheating economy. Most economists and Wall Street traders expect the first rate cut to come in June. The Fed stopped raising rates in July and has signalled that it envisions three rate cuts this year. Hopes are growing that the Fed can achieve a so-called "soft landing" by taming inflation without causing a recession -- a scenario consistent with Friday's numbers.