This is WEEKEND EDITION from NPR News. I'm Scott Simon. More dismal economic news this week. The U.S. economy created slightly fewer than 100,000 new jobs - worse than what many economists expected and what millions of Americans had hoped for. The unemployment rate dropped slightly, but possibly because half a million Americans just gave up and stopped looking for work. NPR's Steve Henn reports on whether the jobs lost during the great recession will ever come back.
Joining us now to talk about today's jobs numbers is Alan Krueger. He's the chairman of the White House Council of Economic Advisers. Welcome.
ALAN KRUEGER: Thank you.
SIEGEL: Is it fair to say that the good news here, the lower unemployment rate is produced by bad news, so many people leaving the workforce and that 96,000 jobs in a month is a discouraging jobs report?