Tuesday, December 8, 2009

US jobless rate to remain high: Federal Reserve

US jobless rate to remain high: Federal Reserve WASHINGTON: The US Federal Reserve Chairman Ben Bernanke has warned that despite an improving economy the jobless rate across the nation is going to remain high for some time.

"Most indicators suggest that financial markets are stabilizing and that the economy is emerging from the recession," Bernanke said.

"Yet our task is far from complete. Far too many Americans are without jobs, and unemployment could remain high for some time even if, as we anticipate, moderate economic growth continues

0 comments:

Post a Comment