Obama Touts This. Currently at 5 percent, the unemployment rate is at the lowest level since Obama became president. In addition, the president has “created” about 8.1 million net new jobs since 2009 – a little less than the 8.7 million that were lost during financial crisis in 2008 and 2009.
But Not This. Those rosy unemployment numbers fail to factor in millions of people only marginally attached to the workforce, or those who would like to work, but have quit looking for employment out of frustration at the lack of opportunities. When those workers are factored in, the real unemployment rate, otherwise known as the underemployment rate is now 9.9 percent – nearly twice the rate of the “official” metric.
- See more at: https://www.conservativereview.com/commentary/2017/01/4-ways-obamas-final-speech-was-a-load-of-crap#sthash.pEIcjQz6.dpuf