Federal Reserve Chairman Ben Bernanke says that the growth of jobs in USA has been weak in part because it is impacted by the problems experienced in Europe.
Tying the need to reduce federal budget deficits together with the drag on the economy caused by the economic problems of Europe, he estimated that the two factors will reduce economic growth in the US by between 1-1.5% growth in GDP in 2013.
Source AIIS www.aiis.org