Is this a continuing trend?
Most likely.
About 2-3 Mio. jobs could be created this year.
Unemployment could go down to about 7.5% and then further to about 4-5% when Obama leaves office in Jan. 2017.
I doubt it is anywhere near 7.5% espeicallly with more people entering the work force.......but there is a good chance it will be around 8.0% by election day.
I think you're being a little too confident. The UK is likely to double dip this year, which would then have an adverse effect on the rest of the EU and possibly the US. Unemployment could well be above 9% by election day.
