Federal Reserve policy makers have another reason to delay aninterest-rate increase after a weak March payrolls reportcorroborated a first-quarter slowdown in the U.S. economy. Thequestion is whether that's reason enough.

Employers last month added the fewest jobs since December 2013,creating just 126,000 positions, the Labor Department said Friday.Revisions erased 69,000 jobs from previously reported tallies forJanuary and February. The weaker data contrast with 12 straightmonths of 200,000-plus monthly gains.

The Fed is watching for the economy to reach or approach fullemployment and generate higher inflation before raising interestrates from near zero. Fed Chair Janet Yellen and her colleagueslast month opened the door to an increase as soon as June, whilealso suggesting in forecasts that September may be a more likelytime to begin tightening.

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