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Is Michigan's primary a two-man race?
Rick Santorum gains steam in Michigan, where Mitt Romney was born, while Romney scrambles to stay afloat in the state ahead of its Feb. 28 Republican primary. Video
Bernanke to lawmaker: Jobless recovery may loom
WASHINGTON |
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke sees the possibility of continued high unemployment even after the recession loosens its grip, a key U.S. senator said on Monday after talking to him.
"It was a rather sobering meeting," Richard Shelby, an Alabama Republican, said on CNBC.
"I said, ... 'Could this be a jobless recovery?' ... and he said it could be," Shelby said.
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