"Kendall here...the unemployment figure only shows those who are LOOKING for work, not the ones who have given up. Look, we have lost 3 million jobs in the last three years. Where did they go?"

According to the Bureau of Labor statistics, even people who aren't actively seeking work through the system are counted via statistical sampling. The net loss was 2.2 million as 800K new jobs were created during the same period. It is very clear that the majority of those 2.2 million were jobs created out of the tech bubble and what a bubble giveth the burst taketh away (you should see how the numbers start to dip right after the market crashed in mid-2000). What's important isn't the absolute numbers so far, but the overall trend and they're going to be going up for the forseeable future.

No, I'm not repeating Republican dogma, I have a degree in economics and I'm reading the real underlying numbers, not any party's spin.