Obama named person of the year - again

Time magazine has picked US president Barack Obama for its person of the year for the second time, citing his historic re-election…

Time magazine has picked US president Barack Obama for its person of the year for the second time, citing his historic re-election last month as symbolic of the nation's shifting demographics and the rise of younger, more diverse Americans.

In announcing its annual selection today, the magazine called Obama the "Architect of the New America."

"He's basically the beneficiary and the author of a kind new America a new demographic, a new cultural America that he is now the symbol of," Time editor Rick Stengel said of Obama, who was also selected for the honour in 2008 when he became the nation's first black president.

Obama beat Republican challenger Mitt Romney last month with clear majorities from Latinos and other minorities as well as among young adults, a result that has forced conservatives to rethink their policy positions and political strategy.

There are many reasons Obama won again, "but the biggest by far are the nation's changing demographics and Obama's unique ability to capitalise on them. When his name is on the ballot, the next America a younger, more diverse America - turns out at the polls," Time contributor Michael Scherer said in an article accompanying the selection.

Time also cited Obama's ability to clearly win a second term in the November election despite high unemployment and other challenges. The US jobless rate peaked at 10 per cent in 2009 amid the recession but has been falling. In November, it dipped to 7.7 per cent as more people dropped out of the labour force.

"He won re-election despite a higher unemployment rate than anybody's had to face in basically in 70 years," Stengel said on NBC's Today show.

"He's the first Democrat to actually win two consecutive terms with over 50 per cent of the vote. That's something we haven't seen since Franklin Delano Roosevelt," he added, citing the president during the Great Depression and World War Two.

Others top contenders included Malala Yousafzai, a Pakistani girl shot in the head by the Taliban for advocating girls' education, Apple Inc chief executive Tim Cook, Egyptian President Mohamed Morsi and physicist Fabiola Gianotti.