Can you summarize this passage into bullet points? Gradually slowing job gains and a growing labor force in March delivered welcome news to President Biden, nearly a year after he declared that the job market needed to cool significantly to tame high prices. The details of the report are encouraging for a president whose economic goal is to move from rapid job gains — and high inflation — to what Mr. Biden has called “stable, steady growth.” Job creation slowed to 236,000 for the month, closing in on the level Mr. Biden said last year would be necessary to stabilize the economy and prices. More Americans joined the labor force, and wage gains fell slightly. Those developments should help to further cool inflation. But the report also underscored the political and economic tensions for the president as he seeks to sell Americans on his economic stewardship ahead of an expected announcement this spring that he will seek re-election.

Of course ! Here is a summary of the passage in bullet points : \n • President B iden wel com ed the news of slow ing job g ains and a growing labor force in March , as it align s with his economic goal of moving from rapid job g ains and high infl ation to stable , steady growth . \n • Job creation slow ed to 2 3 6 , 0 0 0 in March , which is close to the level that B iden said last year would be necessary to stabil ize the economy and prices . \n • More Americans joined the labor force in March , which could help to further cool infl ation . \n • W age g ains fell slightly in March , which could also contribute to cool ing infl ation . \n • The news from the March jobs report unders c ores the political and economic t ensions for the president as he see ks to sell Americans on his economic ste ward ship ahead of an expected announ cement this spring that he will seek re - e lection . </s>