Yeah, I read the article. It's not a good time for socialists in America.

Back when the unempoyment rate was dropping under Clinton, it seemed to be considered a real number.

I don't recall the media bending over backwards back then trying to find mathematical reasons that the increases in jobs were meaningless, or "correcting" the unemployment rate upwards. I noticed that Weisbrot doesn't show his work, nor does he comment on current economic indicators in the European Socialist Paradise.

The unemployment rate has been dropping like a rock. The level of discouraged workers and marginal workers, although erratic, has been fairly stable since the beginning of 2004.

There was another column next to the one you read. Did you catch that one, too? Took me a while to find it online. It's listed under "archive illustrations."

There are currently about 1.4 million more payroll jobs now than there were at the previous peak at the beginning of 2001.

If you look at household employment, that increase is over 4.5 million.

Fun with data can be had here.