Unemployment rate falls to 9.4%. as fewer seek work

103K new jobs added in December, no matter what the spin meisters will say, do not point to slow, steady growth.

Underemployment rose to 19.0% in December from 17.2% at the end of November.

Bernanke: 4-5 Years Before 'Normal' Unemployment.

If Obummer stated in November 2008, that "We may not get there in one year or even one term," he could have meant five to eight years hence resulting in improvement in 2013 or 2016. Bernanke is implying 2015 or 2016.