Economic Report: The U.S. jobs report was strong, make no mistake. Yet it also offers signs of progress on inflation fight

The March jobs report was pretty strong by almost any measure. Some 236,000 new jobs. A super-low 3.5% unemployment rate. And more Americans entering the labor force looking for work.

Not exactly what the Federal Reserve wanted as it seeks to slow the economy and prevent a tight labor market from exacerbating high inflation.

So why are some…