[Wyatt's Torch]

I typically look at U6 which includes "Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force"

It has also come down but still way high compared to history:

The problem is that we are stuck in an environment of 2% growth which is just about normal economic inertia. Obama's policies have choked growth off which will result in it taking a long time for headline UE to get back to normal.

I had a meeting with an economist from IHS yesterday and their baseline forecast is for UE to get back to around 6% sometime in 2015-16.

[Starboard]

...baseline forecast is for UE to get back to around 6% sometime in 2015-16
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Did they factor in the impact of Obamacare on hiring? Just curious.