versus renting unless they plan to stay in the new home for ten years. bret: thank you. you didn t see all of the shatter you can see all the shattered dreams series on foxnews.com. click on the link at the top of home page under the search bar. it is filled with useful situation. check it out. request for unemployment benefits are at a four-year low. applications dropped by 6,000 last week to $357,000. the newest since april of 2008. the federal jobs report more march comes out tomorrow. stocks were mixed today. dow dropped 15. s&p 500 lost one. the nasdaq was up 12. global markets said to be concerned about rising doubt of spain s economy. disappointing bond auction wednesday fueling fears that spain may be the next country to ask for a bail-out. greece has clinched the second big bail-out but there is huge discontent about the price some people are paying. senior foreign affairs correspondent andy kellogg has
shepard: ed henry on the north lawn. unemployment claims just hit another four year low. the government reports 6,000 fewer people applied for jobless benefits last week for a total of 357,000. we will find out whether that s enough to lower the unemployment rate when the jobs report for march comes out tomorrow. right now unemployment is officially at 8.3%. the fox business network s gerri willis is joining us now to talk a little bit more about this. what are we expecting in the jobs report? we have a big view on it economists think jobs expanded 203,000. rate stay steady at 8.3%. they could get surprise on the upside. here is why. in the last 56 weeks, we have had increases, improvement in these numbers and following weeks. they revised these numbers up over and over and over again. could be we get a surprise. one of the interesting things out for the federal reserve this week. they say the jobs are growing faster than the economy and they worry it s not sustainable. shepard:
said job creation will be somewhat limited. this is basically an act to loosen credit or loosen investment for start-up businesses but as far as actual job creation the jury is very much still out. that said, it is the optics of the president working with congress. both sides have something to gain. you had an extended period time that no was the loud response from the republican congress, they felt emboldened by 2010 and a lot of that faith and credit has run out as we see jobs being created, closer to election day, it s not enough to just say no on that program. so to your point even the appearance is has some value to those were sent to congress to say no a lot. it s worth noting, let s talk about the economy because jobless claims fell 6,000 to 357,000 which is the lowest level since 2008. with both unemployment and jobless claim there is is always an asterisk. but it would seem we re on an upward trajectory as we talk about the backdrop for november
yeah lunch announcements are primetime. [ male announcer ] lunchables peanut butter and jelly with a crispy rice treat. feed your great ideas. [ feedback ] it s peanut butter jelly time peanut butter jelly time peanut butter jelly time peanut butter jelly peanut butter jelly [ cheers and applause ] peanut butter paul. a legend is born. peanut butter jelly with a baseball bat we re back with new new signs that the president s economic agenda is working and the recovery is on the way. just today weekly jobless claims fell to 357,000. that s the lowest they have been in three years. and detroit is driving again too. u.s. auto sales were up nearly 13% last month.
numbers out today as well. we ve got the ones from yesterday, becky is here. what you got? there are some pretty good jobs numbers we got today, 357,000 jobless claims, down 6,000 from the revised numbers from last week and once again the lowest number that we ve seen in four years. you have to go back to april of 2008 to see numbers like this. it s starting to chip away at this idea that maybe this is just a temporary game. maybe this is because of the weather, blah, blah, blah, blah, blah, blah, all of the excuses we heard. we saw numbers from adp wednesday and has people excited what to expect tomorrow. tomorrow is the biggie, the jobs number or the jobs report, and chuck, the markets are actually closed tomorrow but we ll be here talking about things, coming in especially even though the markets are closed because you can t go away and ignore numbers like this. the jobs report has been the most important number we ve been watching, like i said all the things leading, the points l