UPDATE 1-Bernanke stresses need to lower joblessness

Newswire

* Bernanke warns on societal costs of high joblessness * Remarks offer little fresh insight on monetary policy (Adds details) By Jim Lekrone COLUMBUS, Ohio, Nov 30 (Reuters) - Federal Reserve Chairman Ben Bernanke, whose efforts to spur U.S. economic growth are under fire internationally and at home, on Tuesday said extended high unemployment could exact a steep social cost. "There are obviously very severe economic and social consequences from this level of unemployment," Bernanke ...

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