[TheFrog]

Actually no it doesn’t.

[mkjessup]

Actually no it doesn't

Actually, it does, IF you are referring to the same base number of Americans in the work force from which the 7.2 percent unemployment figure is derived. The media (and many folks) automatically draw the conclusion that if the unemployment figure is 7.2 percent, that means that 7.2 percent of ALL Americans are without a job, which is where the 93 (or 92.7 if one wishes to be precise) percent employment figure comes from and the subsequent conclusion, that 93 percent of all Americans have jobs.

Nothing but semantics.