Chairman of the Federal Reserve Bank Ben Bernanke

Chairman of the Federal Reserve Bank Ben Bernanke The 56-year-old chairman of the Fed is TIME's 2009 Person of the Year Photographs by Dan Winters for TIME
Dan Winters for TIME

Hoping For A Rebound?
Though he declared in September that the recession was ending, Bernanke says it might feel like a recession for quite a while, partly because beat-up businesses tend to be gun-shy about hiring after a downturn; typically it takes modest growth just to absorb new workers.

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