Bernanke: Job market remains weak despite gains
WASHINGTON (AP) — Ben Bernanke says the job market isn't as strong as the steadily declining unemployment rate might suggest.
Responding to questions at a Senate hearing Tuesday, he noted that the unemployment rate doesn't capture the plight of millions of people who have stopped looking for work or part-timers who can't find full-time jobs.
His cautious view helps explain why the Federal Reserve plans to...
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