The good news today is that more people found jobs in April, according to a government report, and the unemployment rate stayed at 3.6 percent, unchanged from a month ago.
The bad news is that the number of people without jobs did not change much from a month ago. That means more people were successful in finding jobs, but an equal number of people began looking for jobs, thus balancing the statistic.
The other bad news is still the reality that prices continue to rise, and the Federal Reserve Board is likely to boot interest rates again, to combat the rising.
But.
It will take a steady hand and a watchful eye to monitor the interest rate in such a way as to slow a too-rapid acceleration, but not too firm as to make it too slow, and thus cause another problem.
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