This morning, Federal Reserve Chairman Ben Bernanke testified before Congress on the condition of the economy. His comments were generally positive, but heJul 31, 202029249 Shares1083288 Views
“„I am particularly concerned about the fact that, in March, 44 percent of the unemployed had been without a job for six months or more. Long periods without work erode individuals’ skills and hurt future employment prospects. Younger workers may be particularly adversely affected if a weak labor market prevents them from finding a first job or from gaining important work experience.