Comment on Bernanke says US job market weak despite gains

Bernanke says US job market weak despite gains Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 07:49 a.m., Monday, March 26, 2012 WASHINGTON (AP) — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve's existing policies will help boost growth. [...] job gains will likely require more robust consumer and business demand, Bernanke said Monday during a speech at the National Association for Business Economics spring conference in Arlington, Va. Bernanke said the combination of modest economic growth and rapid declines in unemployment is something of a puzzle. Americans aren't seeing big pay increases, gas prices are rising, and Europe's debt crisis could weigh on the U.S.