Ben Bernanke, Labor Market | featured news

Bernanke says US job market weak despite gains

Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost economic growth.

 

Pace of Decline Seems to Have Slowed, Fed Chief Says

Despite the positive signs, Ben S. Bernanke told lawmakers, the labor market remains weak, and interest rates will likely remain low for some time.

 

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