Bernanke describes how bad the labor market is

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Here is part of Bernanke's talk on Tuesday to the New York Economic Club:

Moreover, many other features of the jobs market, including the historically high level of long-term unemployment, the large number of people working part time because they have not been able to find full-time jobs, and the decline in labor force participation, reinforce the conclusion that we have some way to go before the labor market can be deemed healthy again. . . .