It depends on how you get those figures. Usually that only counts people still looking for jobs and those that are only on unemployment. Unemployment runs out after a certain amount of time, then those people aren't counted anymore. It's hard to find an honest figure. But I can tell you it's still not great over here.
And you do know there was a recession in the 80s right?... With double digit unemployment.
The unemployment rate now is around 7.9%, but that doesn't account for those that no longer qualify for unemployment.
Take a look at that article. That takes into account people who had to take underpaid part-time jobs, those that no longer are on unemployment and so on. That's at 14.9%. It was somewhere around 8-10% just before the recession. So no, we are not doing as well as we were, still plenty of room for improvement.
And I am not blaming this on Obama like some might. He's not a great president, but he's not terrible.
The biggest issue is not the liberals and not the republicans. The issue is the massive divide between them and their childishness behavior towards working with each other. There are good ideas on both sides and bad ideas on both sides. If we could work together to make this country better, we might not be $16 trillion in debt... with a high jobless rate still.