In his 2016 State of the Union address, President Barack Obama observed that in the previous 70 months, the U.S. economy had created “more than 14 million new jobs.” Is it likely that the U.S. economy...

In his 2016 State of the Union address, President Barack

Obama observed that in the previous 70 months, the U.S.

economy had created “more than 14 million new jobs.”

Is it likely that the U.S. economy created only 14 million

jobs during this time period? If not, what was President

Obama referring to?