Bernanke "WORRIED" about job market! HA! Take THAT you doubting hating doubters! USA! USA! USA! BEN!

Bernanke concerned about weak job market
By Jennifer Liberto, senior writerFebruary 24, 2010: 2:54 PM ET

http://money.cnn.com/2010/02/24/news/economy/Bernanke_House/index.htm?hpt=T2

WASHINGTON (CNNMoney.com) -- Federal Reserve chairman Ben Bernanke told Congress on Wednesday that government action has helped start an economic recovery, but that he's worried about the state of the job market.

Bernanke also changed his stance and said he'd be willing to consider supporting some legislation that's pending before Congress that would make the Fed more accountable.

In testimony about monetary policy before the House Financial Services Committee, Bernanke noted that the recession continues to abate, but not when it comes to the job market, which "has been hit especially hard," he said.

"The job market remains quite weak, with the unemployment rate near 10 percent and job openings scarce," Bernanke said.

The Fed chairman said he's particularly worried about the long-term impact on workers skills and wages and the increasing incidence of long-term unemployment.

"Indeed, more than 40 percent of the unemployed have been out of work six months or more, nearly double the share of a year ago," he said.