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Fed still worried about high jobless rate: Bernanke

Federal Reserve Chairman Ben Bernanke, pictured in September, said that the Fed remains "quite concerned" about the stubbornly high unemployment rate, which was 7.9 percent in October.

Federal Reserve Chairman Ben Bernanke said Thursday that the Fed remains "quite concerned" about the stubbornly high unemployment rate, which was 7.9 percent in October.

He also said that the US housing market remains a "critical challenge" for the country.