The US unemployment rate is based on people who recently dropped out. With the labour force much lower there should be fewer laid off from a smaller pool. Things would be better only if unemployment rate was a negative percent. ( More hired than laid off.)

What is more significant is that the number that is not working is growing. Sooo the economy is getting progressively worse instead of better.

The spinners of truth want us to focus on the irrelevent facts which is the unemployment rate. The truth is how many are not working and see no hope of working in the foreseeable future.