US Labor Department June Report

Post-Recession Unemployment has improved dramatically from a high of 10%, to the current 4.9%, with the US Economy adding 287K Jobs in June. Employment, as measured by Labor Participation, is down from a Recession high of 66.2%, to the current 62.7%, but suggests most of the improvement in Unemployment is the result of people leaving the Labor Force. Total Unemployment (blue line) at 9.6% lend support to the position of a weak job environment: