Bernanke calls long-term unemployment a national crisis and urges more help from Congress

WASHINGTON — Federal Reserve Chairman Ben Bernanke said Wednesday that long-term unemployment is a "national crisis" and suggested that Congress should take further action to combat it. He also said lawmakers should provide more help to the battered housing industry.

Bernanke noted that about 45 percent of the unemployed have been out of work for at least six months.

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Robert Barnes 29 Sep, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=e68603efad370ac47e1b983d897c261b
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