Unemployment is measured in various ways. The U3 unemployment data is what the media reports. That includes only a limited number of people. It also counts someone as employed if they found part time work of as little as 1 hour per week. The real # is the U6 data. This includes those whom have fallen off the unemployment roles. It also lists those whom are interested in working full time but can't find full time work. The U6 unempoyment rate is actually currently about 14.5%.
The sad fact is we are not creating jobs fast enough to even keep up with population growth and the overall labor participation rates have actually dropped substantially.