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Unemployment Extension: 2014 Benefits Desired By Obama, Some Economists Disagree news

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NEWS: Unemployment Extension: 2014 Benefits Desired By Obama, Some Economists Disagree

When it comes to an unemployment extension, 2014 could be another year where unemployment benefits are extended if President Barack Obama has his way. As previously reported by The Inquisitr, the unemployment rate in December dropped down to seven percent. In the same time frame, unemployment benefits for 1.3 million Americans ended, as well. The... Read more »Unemployment Extension: 2014 Be...
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inquisitr.com (Date:01/04/2014 22:36)


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Barack Obama PhotoBarack Obama:Barack Hussein Obama II is the 44th and current President of the United States, the first African American to hold the office. Born in Honolulu, Hawaii, Obama is a graduate of Columbia University and Harvard Law School, where he was president of the Harvard Law Review. He was a community organizer in Chicago before earning his law degree. He worked as a civil rights attorney in Chicago and taught constitutional law at the University of Chicago Law School from 1992 to 2004. He served three terms representing the 13th District in the Illinois Senate from 1997 to 2004, running unsuccessfully for the United States House of Representatives in 2000.
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Americans:Americans, or American people, are citizens, or natives, of the United States of America.[37][38] The country is home to people of different national origins. As a result, Americans do not equate their nationality with ethnicity, but with citizenship.[39] With the exception of the Native American population, generally all Americans or their ancestors immigrated within the past five centuries.[40]
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December:December is the twelfth and last month of the year in the Julian and Gregorian Calendars. It is one of seven months with the length of 31 days.
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Unemployment:Unemployment occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate. According to International Labour Organization report, more than 197 million people globally are out of work or 6 of the world's workforce were without a job in 2012.
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Economists:An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are many sub-fields, ranging from the broad philosophical theories to the focused study of minutiae within specific markets, macroeconomic analysis, microeconomic analysis or financial statement analysis, involving analytical methods and tools such as econometrics, statistics, economics computational models, financial economics, mathematical finance and mathematical economics.
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Disagree:Controversy is a state of prolonged public dispute or debate, usually concerning a matter of conflicting opinion or point of view. The word was coined from the Latin controversia, as a composite of controversus "turned in an opposite direction," from contra "against" and vertere to turn, or versus , hence, "to turn against."
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