WASHINGTON (CNN) -

Which one of these doesn't fit? More jobs, a record stock market, wars ending and dismal poll numbers.

All apply to Barack Obama's presidency as it passes the 2,000-day mark, raising questions about the viability of what used to be known as conventional political wisdom.

A strengthening economy and robust stock market traditionally mean general public satisfaction with government. Bringing soldiers home from war zones has always boosted presidential popularity.

Not this time with this President.

A CNN compilation of recent national polls indicates only 41 percent of Americans approve of Obama's handling of the job, down 6 percentage points from a year ago and matching the low of the past 12 months.

Why the disconnect? A convergence of factors -- uneven economic growth, government crises both real and exaggerated, foreign policy problems, hyper-partisan Washington politics now on election-year steroids -- helps explain it.

Here's a closer look at some of the issues involved:

1) Jobs, but not for everyone

Another strong jobs report Thursday added to growing evidence that U.S. economy has hit its full stride after the recession Obama inherited when he took office in January 2009.

A White House statement noted the 288,000 jobs created in June contributed to the strongest start to a year since 1999 and the best six-month period overall since 2006.

The unemployment rate dropped to 6.1 percent, well below the almost 10 percent level in the immediate aftermath of the recession as well as the more than 7 percent level when Obama's presidency began.

In addition, the job growth last month spread across the economy instead of coming mostly from low-paying sectors such as food and drink, as occurred previously.

Obama touted the positive report Thursday but added that "there are still folks out there who are struggling."

"My hope is that the American people look at today's news and understand that, in fact, we are making strides," he said.

2) Who benefits from a strong stock market?

The jobs report that exceeded expectations of analysts sent the stock market to record heights, with the Dow crossing 17,000 for the first time.

As a Democrat, Obama stands to benefit less from a healthy stock market than a Republican president from the party more traditionally tied to the banking-investment sector.

3) Wars ending, sort of

Obama campaigned twice on ending the wars in Iraq and Afghanistan wars started by his predecessor, and he is on track to fulfill that promise.

He withdrew U.S. forces from Iraq in 2011, and almost all American forces will be out of Afghanistan by the end of 2016 -- and his presidency -- under his plan.

However, the lightning advance by Sunni militants through northern Iraq threatens renewed civil war and partition, raising fears of a jihadist-controlled safe haven for terrorists threatening U.S. interests.

That is the exact scenario the wars were supposed to end, and critics have accused Obama of allowing previous gains made in Iraq to be erased by keeping his promise to get American troops out of Iraq and Afghanistan.

The Obama administration blames Iraqi Prime Minister Nuri al-Maliki for his country's collapse, saying the Shiite leader rejected an agreement to keep a small contingent of U.S. forces in the country and marginalized Sunni and Kurd populations in Iraq. Now Obama is sending a small contingent of U.S. forces back to Iraq to bolster security and advise Iraqi forces.

Another problem involves chronic delays faced by returning war veterans seeking health care from the Veterans Affairs Department. The crisis already has brought the resignation of VA Secretary Eric Shinseki, various investigations and a White House report that essentially said the entire department needed an overhaul.

4) Governing woes

The VA crisis follows other problems in the Obama administration such as the dysfunctional website for health care reform, IRS political targeting of groups seeking tax-exempt status and questions from congressional Republicans over the handling of the 2012 terrorist attack that killed four Americans in Benghazi, Libya.

As expected, Republicans have mounted a series of investigations, some necessary and others intended to wring as much political capital out of the controversies as possible heading up to the November elections and beyond.

They also adopted obstructionist tactics after getting overrun by Democratic majorities in Obama's first term on transformative, key issues such as health care and Wall Street reforms.

After the Republicans gained control of the U.S. House in 2010, the result was a gridlocked Congress and a President who appears to have thrown up his hands in disgust, making promises to act on his own as much as he can.

"We can make even more progress if Congress is willing to work with my administration and to set politics aside, at least occasionally," Obama said of Thursday's job report.