There is only 62.7% of adult Americans working, this according to one statistic from Feb 2016, near the end of the Obama presidency. We haven't seen Labor force participation this low since the 1970s. Long term unemployment is also still high, and these are just two indicators of the current economy.
There were less than 60% working during the boom years of the 1950s and 1960s, the LPR is a completely worthless economic indicator because it is skewed by demographics, but you have nothing else.
Long term unemployed at the peak of the Great Bush Recession was 6.8 million and there are 2.2 million now. Quite an improvement.
Results of the Obama economy:
Gallup's good jobs rate, which reflects the percentage of the U.S. population working at least 30 hour weeks (excluding the self-employed) stood at January 44.7
Gallup's underemployment rate – which tracks those who are unemployed or working part time but would like a full-time gig – held steady at 14 percent
labor force participation metric dropped to 66.8 percent, slightly more than CNN's data of 62.7% participation rate but about the same.
YOUNG COLLEGE GRADUATES:
unemployment rate for 2015 is 7.2 percent (compared with 5.5 percent in 2007),
underemployment rate is 14.9 percent (compared with 9.6 percent in 2007).
YOUNG HIGH SCHOOL GRADUATES:
unemployment rate for 2015 19.5 percent (compared with 15.9 percent in 2007),
underemployment rate is 37.0 percent (compared with 26.8 percent in 2007).
The labor force participation rate measures the share of the civilian non-institutionalized population that is either working or actively looking for work.
The employment rate is the share of the total civilian non-institutionalized population with a job.
RESULTS OF OBAMACARE::
Cities, counties, public schools and community colleges around the country have limited or reduced the work hours of part-time employees to avoid having to provide them with health insurance under the Affordable Care Act, state and local officials say.
The cuts to public sector employment, which has failed to rebound since the recession, could serve as a powerful political weapon for Republican critics of the health care law, who claim that it is creating a drain on the economy.
US 2016 Store Closings - All Retail Chain Store Locations To Be Closed in 2016 and Beyond:
500 McDonald's
400 Office Depot
/ Office Max (by 2016)
223 Barnes & Noble (through 2023)
200 Children’s Place (through 2017)
200 Walgreens (by 2017)
175 Aeropostale (“over the next several years”)
154 Walmart (US 102 Walmart Express, 12 Walmart Supercenter, 6 Walmart, 23 Walmart Neighborhood Market, 4 Sam's Clubs)
150 American Eagle Outfitters (through 2017)
150 Finish Line
140 Sports Authority
120 Chico’s (through 2017)
100 Pier One (through 2017)