A stable labor market fortifies the Federal Reserve’s case that it does not need to be in a hurry to lower borrowing costs, keeping the central bank on course to extend its pause on interest rate cuts when it meets later this month.

June’s jobs report, which showed employers adding 147,000 jobs for the month and the unemployment rate ticking down to 4.1 percent, underscores the economy’s resilience and helps to dispel the notion that it is in need of immediate support.

“There is no urgency,” said Priya Misra, a portfolio manager at J.P. Morgan Asset Management. “They can keep pushing it out in the future,” she added on the timing of the Fed’s next rate cut.

The latest sign of a relatively sturdy labor market comes as President Trump directs a litany of attacks at Jerome H. Powell, the Fed chair, and the central bank more broadly for resisting his demands to immediately lower borrowing costs by a significant amount.

Just in the last week, Mr. Trump called on Mr. Powell to resign and penned him a handwritten note blaming him for costing the country a “fortune.” Part of the president’s ire stems from the Fed keeping interest rates at current levels at a time when the government is trying to pass a massive package of tax cuts that is expected to balloon the deficit and increase what it costs the government to cover interest payments on the national debt.

Already, the United States spends around $1 trillion a year to service those obligations.

Mr. Powell has so far remained undeterred, telling an audience of policymakers, economists and investors at the European Central Bank’s annual conference in Sintra, Portugal, on Tuesday that as long as the economy is in “solid shape,” the central bank thought it “prudent” to wait and collect more data about how the economy is evolving in light of Mr. Trump’s policies before taking any action.