WASHINGTON (Reuters) - Policymakers have largely succeeded in stabilizing the U.S. financial system and economy over the past two years but the scarcity of jobs is troubling, Federal Reserve Chairman Ben Bernanke said on Thursday.
"One particularly difficult issue is the continued high rate of unemployment," Bernanke said in prepared remarks for delivery at a meeting in Detroit to discuss the financing needs of Michigan's small businesses.
Bernanke told the meeting, held at the Chicago Fed Bank's Detroit branch, that bank lending to small businesses was declining.
A text of his remarks was made available in Washington.
(Reporting by Glenn Somerville, Editing by Chizu Nomiyama)
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