360° Coverage : Obama pushes for extension of unemployment benefits

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Obama pushes for extension of unemployment benefits

Dec 7 2013, 3:54pm CST | by IANS

Washington, Dec 8 (IANS) President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and bolster job creation.

Washington, Dec 8 — President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and bolster job...

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37 weeks ago

Obama pushes for extension of unemployment benefits

Dec 7 2013, 3:54pm CST | by IANS

Washington, Dec 8 (IANS) President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and bolster job creation.

Washington, Dec 8 — President Barack Obama Saturday urged lawmakers to extend unemployment benefits for millions of unemployed Americans before Christmas to help low-income families and bolster job creation.

"Right now, more than one million of our fellow Americans are poised to lose a vital economic lifeline just a few days after Christmas if Congress doesn't do something about it," Obama said in his weekly address Saturday, Xinhua reported.

Around 1.3 million workers currently receiving extended unemployment insurance (UI) benefits are set to lose them Dec 28 and about 3.6 million additional people will lose access to UI benefits beyond 26 weeks by the end of 2014, if Congress allows the programme to expire, the White House said in a report Thursday.

Unemployed Americans can get 26 weeks of state-paid unemployment benefits, and the length of the benefits has been extended in 2008 after the onset of the financial crisis with the financial help of the federal government. The federal government- funded extra assistance UI programme has been repeatedly extended in past years.

"We need to do everything we can to help businesses create more good jobs that pay good wages even faster. Because the hole that we're still digging out of means that there are still millions of Americans looking for work -- often because they've been laid off through no fault of their own," Obama said.

He said if Congress refuses to act, it would not just hurt families already struggling, it would actually harm the economy, adding that unemployment insurance is one of the most effective ways to boost the economy.

"When people have money to spend on basic necessities, that means more customers for our businesses and, ultimately, more jobs," he noted.

IANS

Source: IANS

 
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2 hours ago

Ukraine’s ambassador to Canada begs for troops to counter Russian invasion

Aug 29 2014 8:43am CDT | Source: National Post

Canada Thursday condemned what it calls an “invasion of eastern Ukraine” by Vladimir Putin and the Russian Federation, saying the attacks will “strengthen the resolve” of NATO leaders who will meet next week to discuss the escalating crisis. The Conservative government did not indicate what further measures it plans, but Ukraine’s ambassador to Canada Thursday called for Canada and its allies to act “immediately” by providing “real” military suppor ...
Source: National Post   Full article at: National Post
 

 
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4 hours ago

Putin Directly Addressed Rebels In Ukraine For The First Time, And He Used A Frightening Word To Describe Them

Aug 29 2014 6:54am CDT | Source: Business Insider

Russian President Vladimir Putin for the first time on Friday publicly addressed pro-Russian rebels fighting in southeastern Ukraine, praising their "major success" inside Ukraine. The Kremlin released a late-night statement from Putin on its website in which he appealed to the militia of "Novorossyia," or "New Russia." It's a term he has used before to describe the regions in eastern Ukraine where fi ...
Source: Business Insider   Full article at: Business Insider
 

 
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6 hours ago

Putin hails Ukraine separatists as NATO holds crisis talks

Aug 29 2014 4:26am CDT | Source: Business Insider

Kiev (AFP) - Russian President Vladimir Putin on Friday hailed the advances of pro-Kremlin fighters in eastern Ukraine as Western alarm spiralled over what Kiev has branded a Russian invasion.NATO ambassadors were holding a crisis meeting after the alliance said Russia had at least 1,000 troops fighting to support a lightning rebel counter-offensive against Ukrainian government forces.The presence of the troops ...
Source: Business Insider   Full article at: Business Insider
 

 
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7 hours ago

Syria refugees top 3mn, US has no strategy 'yet'

Aug 29 2014 4:01am CDT | Source: Business Insider

Damascus (AFP) - The number of refugees from the conflict in Syria now tops three million, the United Nations said on Friday, as US President Barack Obama admitted he still has no strategy to tackle advancing jihadists.UN refugee agency chief Antonio Guterres said that Syria now constituted the "biggest humanitarian emergency of our era," after a million people joined the exodus in the past year alone, as figh ...
Source: Business Insider   Full article at: Business Insider
 

 
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7 hours ago

The 10 Most Important Things In The World Right Now

Aug 29 2014 3:40am CDT | Source: Business Insider

It's Friday! Here's what people will be talking about.  1. NATO is holding an emergency meeting on Friday over the crisis in eastern Ukraine, estimating that more 1,000 Russian soldiers have invaded the region.  2. Russian president Vladamir Putin praised the success of pro-Russian separatists fighting in Ukraine, while asking for the release of trapped Ukrainian forces.  3. The White House is taking heat after President Barack Obama said in a press briefing that ...
Source: Business Insider   Full article at: Business Insider
 

 
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17 hours ago

Obama says 'no strategy yet' as IS executes Syrian troops

Aug 28 2014 5:44pm CDT | Source: Business Insider

Damascus (AFP) - US President Barack Obama admitted Thursday that he still did not have a strategy to fight Islamic State jihadists in Syria, as the militants boasted they had executed scores of Syrian troops -- the latest in a string of atrocities that have shocked the world.Dampening hopes of imminent air strikes in Syria, Obama said he was still developing a comprehensive plan to defeat for good IS, which ha ...
Source: Business Insider   Full article at: Business Insider
 

 
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18 hours ago

Ukraine asks NATO for ‘real’ military support, restarts mandatory conscription in face of Russian ‘invasion’

Aug 28 2014 4:37pm CDT | Source: National Post

OTTAWA — Canada Thursday condemned what it calls an “invasion of eastern Ukraine” by Vladimir Putin and the Russian Federation, saying the attacks will “strengthen the resolve” of NATO leaders who will meet next week to discuss the escalating crisis. The Conservative government did not indicate what further measures it plans, but Ukraine’s ambassador to Canada Thursday called for Canada and its allies ...
Source: National Post   Full article at: National Post
 

 
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18 hours ago

US weighs more sanctions on Moscow as tanks cross into Ukraine from Russia

Aug 28 2014 4:25pm CDT | Source: Canadian Business Online

WASHINGTON – With Russian tanks apparently crossing into southeastern Ukraine, President Barack Obama is suggesting the possibility of more sanctions on Russia. The sanctions imposed so far have not deterred Russia, but uncertainty over their long-term impact has caused economic growth forecasts to plummet, prompted investors to pull money out of the country at almost twice the pace as last year and forced its central bank to raise r ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
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19 hours ago

UN Council impotent on Russian aggression as Canada and NATO point to ‘slow-motion invasion’ of Ukraine

Aug 28 2014 3:23pm CDT | Source: National Post

A top UN official told the Security Council Thursday further violence in Ukraine marked a dangerous escalation, but that the international body had no way of verifying the latest reports of a Russian invasion. In an emergency session on the growing crisis in Ukraine, members expressed outrage with U.S. Ambassador Samantha Power saying Russia “has manipulated. It has obfuscated. It has outright lied.” Russian ...
Source: National Post   Full article at: National Post
 

 
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20 hours ago

No. 2 House Republican faces unlikely challenge from immigrant farm worker

Aug 28 2014 2:42pm CDT | Source: Canadian Business Online

WASHINGTON – Raul Garcia has a question for Kevin McCarthy, the House’s No. 2 Republican: “While we are waiting for you on immigration reform, who should be harvesting America’s food?” It’s a provocative query and the foundation of Garcia’s long-shot challenge to McCarthy, a four-term incumbent who rose to power after another GOP leader thought unsinkable, Virginia’s Eric Cantor, fell to an unknown candidate in a primary. Garcia’s is a longshot challenge ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 

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