Leading economists are upbeat about the U.S. recovery, forecasting steady growth over the next two years as businesses grow and jobs return, according to a survey released Monday.

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The Federal Reserve expects unemployment to decline only modestly over the next few years, but the central bank’s latest projection for economic growth is still slightly more bullish than its prior forecast.

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Job losses accelerated last month and the unemployment rate rose to 9.5%, casting doubt on the U.S. economy’s ability to rebound soon.

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