But, according to a Bloomberg piece by Bob Willis and Courtney Schlisserman:
"About 1.7 million Americans opted out of the workforce from July through December, representing a 1.1 percent drop that marks the biggest six-month decrease since 1961."
Moreover, if we count workers who have taken part-time jobs but want full-time employment, and add them to the discouraged workers we get a real unemployment rate of 17.3 percent.
That is the number we should be talking about, and it IS the number we would be talking about if this were a Republican Administration.