WASHINGTON — St. Louis Federal Reserve Bank President James Bullard Tuesday said that seeing Europe's stubbornly recurring high unemployment, he worries that joblessness can become increasingly structural in nature, less amenable to cyclical solutions like quantitative easing.

Interviewed on CNBC, Bullard said he's not too concerned about the latest jobs report's weakness. "It's not changing my outlook so far," he said. "I'm inclined to look past the report because of some mixed messages in there."

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