You're not remembering incorrectly. If you compare old job reports to more recent ones, they now talk a lot more about the "labor force participation rate". B

You're not remembering incorrectly. If you compare old job reports to more recent ones, they now talk a lot more about the "labor force participation rate". Basically, the unemployment rate is distorted by the character of the job loss in the Great Recession so you can't really decide on a full recovery from looking at that one number.