On Wednesday, the Department of Labor released its annual jobless survey, showing that the US is on track to add another 400,000 jobs in October.
That would be the largest monthly gain since October 2009, when there were 4.9 million unemployed.
The number of unemployed people is expected to be even higher this year, when the economy is expected see the biggest monthly gain in jobless numbers since December 2008.
The report showed that there are currently 4.6 million people who are looking for work, which is slightly higher than in October but still well below the peak of 8.5 million in May 2009.
The unemployment rate, which measures the percentage of unemployed who are actively looking for a job, has fallen slightly from the peak reached in April 2009.
There are currently 9.3 million people in the labor force.
A number of factors may be behind the slow increase in joblessness this year.
One is that some workers have left the labor market due to economic problems and the other is that employers have taken a harder stance in seeking out new hires, according to the Bureau of Labor Statistics.
But there are several other factors contributing to the drop in the unemployment rate.
The biggest one is the expiration of the Bush-era payroll tax cut, which was scheduled to end on March 31.
It is not clear how many workers will have to wait until next year to take advantage of the tax break, but there is a possibility that more workers may have left to take jobs in the coming months.
Another factor contributing to low jobless counts is the seasonal nature of the economy.
Some workers may be working in the warmer months of the year and others may be looking for jobs in colder months.
The federal government is trying to prevent jobless workers from being unemployed by providing them with a tax credit of up to $1,500 to help them pay for food, utilities and other basic needs.
The credit is expected, however, to be limited to those who were unemployed before the tax cut was implemented.
There are also other factors that are keeping the unemployment numbers low, such as the fact that most workers have been employed for some time.
Some states have passed laws that allow people who have worked for more than 12 months to qualify for a state unemployment insurance program, known as WIC.
But WIC benefits can last only for one year and the federal government does not have any data on how many people qualify for the program.
In general, the US has had a relatively low unemployment rate in recent years.
But since the start of the Great Recession, the rate has fallen to an all-time low of 3.8%.