Bernanke: Job market is not normal

The Federal Reserve chairman, Ben Bernanke declared in a speech on Tuesday that the economy is still under development, “well below its potential”. But he thinks that it will pick up in the second half of the current year. He also termed the job market as far from normal due to the effects of the earthquake that hit Japan recently which has brought a disaster to the manufacturing sector. But he was optimistic that the situation will return to normal soon.

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Bernanke: Job market ‘far from normal’