Whaddaya know - a little candor from Yahoo news.
Here’s the right way to look at it (if we are realistic ):
In December, the civilian noninstitutional population was 249,027,000 according to BLS. Of that 249,027,000, 156,129,000—or 62.7 percent—participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.
Of the 156,129,000 who did participate in the labor force, 147,442,000 had a job and 8,688,000 did not have a job but actively sought one. Those 8,688,000 are the unemployed. They equaled 5.6 percent of the labor force—or an unemployment rate of 5.6 percent (which was down from the 5.8 percent unemployment rate in November).
A record 92,898,000 Americans 16 and older did not participate in the labor force in December, as the labor force participation rate dropped to 62.7 percent.
That’s 456,000 more than the 92,442,000 Americans who did not participate in November 2014.