From Politifact Wisconsin:
"By almost every economic measure, we are better off today than when Barack Obama took office. That is a fact," the first lady said Oct. 7, 2014 at the Overture Center for the Arts, near the University of Wisconsin-Madison campus.
"Here is just some of the proof; some of the proof," she said, with dozens of students clad in Badgers-red arrayed on the stage behind her....
Then Obama made a claim of particular interest to many of those on the stage and in the audience:
"The unemployment rate for young people is down from a 10.6 percent high in 2009 to 2.6 percent today."...
The relevant part of a White House transcript of the first lady’s remarks reads as follows:
"The unemployment rate for young people is down from a 10.6 percent high in 2009 to 2.6 [6.2] percent today."
The brackets indicate Obama transposed the numbers when she spoke.
But even if 6.2 percent was the rate she meant to cite, the age group of the young people she talked about still wasn’t clear.
After we exchanged several emails with The White House, a spokeswoman for the first lady eventually told us that Obama was referring to the unemployment rates for people ages 25 to 34 -- "a good proxy for young people out of school."
Many folks would consider people in that age group young.
Then again, many of the college students who saw the first lady in Madison might think 34 sounds kinda old.
In any case, here from the U.S. Bureau of Labor Statistics are the seasonally adjusted September unemployment rates for various age groups in 2009, the first year Obama cited, and 2014. The September figures are the latest figures available for 2014.
The first lady said: "The unemployment rate for young people is down from a 10.6 percent high in 2009 to 2.6 percent today."
But the latest figures, for September 2014, show the rates were considerably higher for two groups that could be considered young: 13.7 percent for people ages 16 to 24, and 6.2 percent for those ages 25 to 34.
We rate the statement False.
Yeah, I rate the entire Obama administration as being false.