Bernanke Speaks at J Sargeant Reynolds Community College
Federal Reserve Chairman Ben Bernanke was in Virginia yesterday to speak about workforce redevelopment programs and to listen to current and former students benefiting from them. Craig Carper reports.
Many people nationwide who have lost their jobs are going back to school, learning new skills and making themselves more marketable in a down economy.
Federal Reserve Chairman Ben Bernanke came to J. Sargeant Reynolds Community College yesterday to speak about the importance of training for the jobs of tomorrow, but cautioned that full economic recovery won’t come quickly.
Bernanke: Although our country continues to endure high unemployment, we see some signs of modest improvement in the labor market. Nationally, private payroll employment rose on an average of 140,000 per month over the three months ending in May. Nonetheless, in all likelihood, a significant amount of time will be required to restore the nearly eight and a half million jobs that were lost nationwide over 2008 and 2009.
After delivering his closing remarks to the forum, Bernanke spent an hour asking questions and listening to a group of adult students share their insights on the effectiveness of community colleges.
Craig Carper, WCVE News, Capitol Square.