CAMBRIDGE — Federal Reserve chairman Ben S. Bernanke on Wednesday offered no hint when the central bank might begin to rein in the extraordinary stimulus measures of the past few years, but said the US economy will need the Fed’s help for the foreseeable future.
Bernanke, speaking to economists at the Royal Sonesta Hotel here, said the economy is improving, but unemployment remains too high, 7.6 percent in June. That figure “if anything overstates the health of our [labor] market,” Bernanke said.
The official unemployment rate does not include the millions of Americans who have become so discouraged that they have given up looking for jobs or had to accept part-time positions because they can’t find full-time work. Full story for BostonGlobe.com subscribers.
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