STEVE INSKEEP, HOST:
It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.
Let's talk about the surprisingly weak jobs report that came out from the Labor Department today. The numbers for March show just 120,000 new jobs were added to U.S. payrolls. That's considered a disappointment, even though the unemployment rate did decline slightly, to 8.2 percent.
NPR's John Ydstie is here to talk with us about what all this means. Hi, John.
JOHN YDSTIE, BYLINE: Hi, Steve.