What If America's Unemployment Rate Is Really Wrong?

Judging by the official unemployment rate, the American economy is getting rapidly back on track. The U.S. unemployment rate fell to 5.5 percent in February 2015, meaning about 8.7 million people were officially unemployed. That rate has fallen dramatically from 10 percent immediately following the financial crisis and is now nearly on par with pre-recession rates of 4.5-5 percent.