As you can see, when including those who fall in the U-6 category, unemployment remains above 13 percent.
Another troubling number is the labor force
participation rate, which dropped to 62.8 percent in December — the lowest sinDecember 1977, according to the Bureau of Labor Statistics. That translates to 91.8 million people not in the workforce.
"There are more families living in poverty today than there were before the president took office, and instead of making it easier to find a good-paying job, Washington has been more focused on making it less difficult to live without one," he said.