Economists favor reappointment of Bernanke; recession over
Economists favor reappointment of Bernanke; recession over

Ben Bernanke, Federal Reserve Chairman, whose running term is going to end on January 31, may get another chance to run Federal Reserve as most of the economists want him to stay there.

Ben Bernanke has played a vital role in government's labors to bring down the rate of world's worst recession since Second World War.

Majority of economists believe that the economic down turn that started in December 2007, is approaching its end.

AllianceBernstein's Joseph Carson said, "Bernanke deserves a lot of credit for stabilizing the financial markets."

Second half of 2009 may witness a rise in employment as demand for the companies' products is on the increase.

As per an estimate, gross domestic product may show 2.4 percent growth in Q3 of the running year. Manufacturing sector is also depicting signs of life.

According to a report in July, employers hacked only 247,000 jobs, much less than expected, showing a fall in unemployment-rate for the first time in past 15 months.

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