If the size of the U.S. labor force was as large as it was when Barack Obama took office, the unemployment rate would be 10.9 percent. But since so many people have gotten discouraged and stopped looking for work and thus disappeared by government statisticians the jobless number has been artificially depressed. A better gauge of the jobs picture is the broader U-6 rate, which includes part-timers who would rather have full-time jobs. It stands at a whopping 15.2 percent. And then there's this: for most of the 2000s the labor participation rate was approx 66%. If that was the case today, the UE rate would be 11.4%. Okay, back to the lib/dem circle jerk.