What is Obama's unemployment rate now?

It's garbage, all low wage jobs and part time jobs just skewing the numbers. You obviously dont get it. The number of people that dropped out of the workforce is now the largest on record, all because of obama.

It is so great that Democrat pollsters warned Democrats running for re-election in Nov. of 2014, NOT to use the word "RECOVERY"!

almost 1 MILLION just dropped out of the workforce

Unemployment dropped not because of increase employment but drop in the participation rate, And Guess what? The 800K which gave up looking for work last month? The majority was not baby boomers happily retiring to Florida but

quote

CRT chief Treasury strategist David Ader said the drop in the participation rate was "shocking" and that it appears its younger people that are not lookin for work," he said"Labor participation by people 55 and older increased, so it's not about people retiring

Obama so loved the poor, he made 40 million more. If the records were kept the same way they used to be for unemployment the rate would actually be twice what is now said to be. The stopped counting people who had used all their unemployment but were still unemployed. Check out the story below for the real numbers.

It's not just the unemployement rate...it is the number of people that have dropped out of the market and stopped looking for work.

The Bureau of Labor Statistics reported the economy created a seasonally adjusted 273,000 new private jobs in April, and 15,000 new jobs in the public sector, the best overall gain since January 2012. The consensus of experts surveyed by Bloomberg earlier in the week had put expected new job creation at 215,000. Both full-time and part-time jobs are included in the total. The official unemployment rate fell to 6.3 percent, the lowest level since September 2008.

There were a couple of clouds over these significantly improved figures, however. The civilian labor force shed 806,000 people in April, a massive drop after rises in the three-month January-March period of 1.26 million. The employment-population ratio remained steady 58.9 percent. But the labor force participation rate fell to 62.8 percent, a 0.4 percent drop that returned it to its lowest level in 37 years.

The bureau's report always includes an alternative measure, U6. This calculation covers not just Americans with no job, but also those working part time who want full-time positions—the underemployed who are called "part time for economic reasons"—and workers who have looked for jobs in the past 12 months but not in the past four weeks. U6 fell from 12.7 percent in March to 12.3 percent in April. U6 does not include people who have not looked for work in the past 12 months.

So I guess you missed the part about record number of Americans who have just given up looking for work, and who do NOT get counted as part of the unemployed...

http://washington.cbslocal.com/2014/05/0...

More than 92 MILLION Americans out of work after giving up

http://www.cnsnews.com/news/article/ali-...

Women having fallen out of the work force hits record high.

Did you see why the unemployment rate came down so sharply?

It's because 806,000 dropped out of the labor market last month and are no longer no counted as unemployed.

So if it had shrunk to 8.3% because a million people got jobs last month, that's definitely grounds for "Hooray!"

But if 4/5ths of the reason for it's change is because people got discouraged and gave up looking for work, that's a disappointment.

Better than it would be if we were experiencing the second Great Depression which was seriously on the horizon when he was elected in 2008 ... !