US: Obama will push for an extension of emergency unemployment insurance benefits through the end 2014

Author: Eamonn Sheridan | Category: news

Author: Eamonn Sheridan

  • The White House said on Friday that President Barack Obama will push for an extension of emergency unemployment insurance benefits through the end of 2014
  • More than 2 million unemployed people stands to lose jobless benefits by the end of the year if Congress doesn’t reauthorize the program
  • Spokesman Jay Carney said the White House believes Congress will support the request

More at Reuters  and the Huffington Post.

With US government finances in better shape, at least in the short term, this would be good news for 2014 growth. Better news would be creating enough jobs to end the program and QE.