Federal Reserve Chairman Ben Bernanke said Tuesday that the worst recession since the 1930s is probably over but also mentioned that the moderate recovery of the economy that we may face in 2010 basically due to financial and credit problems, won’t be enough to pull down unemployment rates.
“Even though from a technical perspective the recession is very likely over at this point, it’s still going to feel like a very weak economy for some time as many people will still find that their job security and their employment status is not what they wish it was,” Mr. Bernanke said.
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