The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Fed: It may take 5 years for jobs to return

December 10, 2010

Federal Reserve Chairman Ben Bernanke told 60 Minutes that it may take five years for employment levels to return to normal.  Bernanke stated, “At the rate we are going it could be 4-5 years before we are back to a normal employment rate.”  Bernanke spelled out the details by mentioning that the economy lost 8.5 million jobs and that around a million have been restored.  Bernanke continued by stating that the unemployment is further stressed by new people entering into the job market. Please view the eye opening interview below:

  
Print This Post Print This Post    Email This Post Email This Post

Discuss this article

Stop Lying About “Recovery” and Stop Demonizing the Unemployed December 13, 2010

[…] don’t want to be blamed with “causing” a market reaction to anything negative they might say.Fed Chairman Ben Bernanke said last week on 60 minutes that it may take FIVE YEARS for jobs to retur… In that case, millions will not be working even if they want to work.  Government officials, for […]

Leave a Reply

Your email address will not be published. Required fields are marked *

Top Business News

 

Top Women's News

 

Top Natural Resource News

 

Top Faith News

 

Copyright © 2016, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Business Report through daily email updates:

Delivered by FeedBurner

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

RSS Twitter Facebook

No Thanks (close this box)