Bernanke was positive about the inflation rate, but still considered the unemployment rate, currently at 8.2%, as elevated. He said the employment rate was still too large, but said the committee projected the rate could possibly reach 6.7% to 7.4% by the fourth quarter of 2014.
Where the unemployment rate stands currently, it has dropped nearly an entire percentage point over the course of a year, but bachelor’s degree holders unemployment rate has continued to increase. According to an Associated Press report, 53% of bachelor’s degree graduates under the age of 25 are either unemployed or underemployed.
The job prospects for bachelor’s degree holders are at their lowest levels in more than a decade, according to the report. The rate was at a 41% low in 2000.
Bernanke said the most frustrating part of the economy’s employment recovery has been its pace.
“The recovery has been so slow,” he said in his press conference. “As the head winds lift, financial stress lessens, and the housing economy improves, we hope to see the employment improve.”
He said he expects the growth in employment to remain at a slow pace.
That news is not completely reassuring to recent bachelor’s degree graduates looking into the job market, since a majority of them are currently represented by jobs that require a high school diploma or less.
To all the females out there, have you ever seen this? (I don't know about the guys' toilet though. Haha.) Some computer keyboards harbour more harmful bacteria than a toilet seat, research has suggested. Consumer group Which? said tests at its London offices found equipment carrying bugs that could cause food poisoning. Out of 33 keyboards swabbed, four were regarded as a potential health hazard and one harboured five times more germs than one of the office's toilet seats. Microbiologist Dr Peter Wilson said a keyboard was often "a reflection of what is in your nose and in your gut". During the Which? tests in January this year, a microbiologist deemed one of the office's keyboards to be so dirty he ordered it to be removed, quarantined and cleaned. It had 150 times the recommended limit for bacteria - five times as filthy as a lavatory seat tested at the same time, the research found. The equipment was swabbed for bugs, such as those that can cause food poisoning …