Federal Reserve Chairman Ben Bernanke: More jobs needed for real recovery (No shit!)

by an Unemployed White Male on February 3, 2011

in American Culture,Business & Economy,Politics & Government,Recession

Federal Reserve Chairman Ben Bernanke says the U.S. can’t fully recover from the worst recession in decades until hiring improves. Bernanke says the economy is strengthening, and will likely grow at a faster pace this year as more confident consumers and companies spend more, in prepared remarks to the National Press Club.

But he warns that the growth still won’t be strong enough to quickly drive down high unemployment, and it could take several years before it returns to more normal levels.

Share this article with your friends!
  • Print
  • Digg
  • StumbleUpon
  • del.icio.us
  • Facebook
  • Twitter
  • Google Bookmarks
  • email
  • Google Buzz
  • LinkedIn
  • MySpace

Comments on this entry are closed.