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Bernanke claimed that unemployment, now at 3.1 percent, will come down “very painfully slowly” even though the pace of economic growth picks up starting a second half of the year. Some of the reasons for the slowdown, such as higher commodity prices and supply-chain disruptions caused through March earthquake and tsunami in Japan, will be temporary, he stated. Others, including declines in home values and financial- sector weakness, may be a little more long-lasting.