78,000, the highest level in more than a year. this was the biggest one-week spike since september of 05 right after hurricane katrina slammed the gulf coast. gerri willis is with us. this jump, you could expect it. that s true. it s about the storm. people can file for unemployment claims if their employer closes their doors because of the storm. that s exactly what happened. we saw a lot of people file particularly in new york and new jersey. but even if you look at the moving averages which tends to back that out, you see the numbers moving, drifting higher. this jobs market is not recovered. not yet, not by a long shot. you can probably expect to see this weakness continue for two weeks. shep: that led to another it was a horrible day on wall street for a while, but recovered at the end. yesterday, 185 points down on the dow. today we ended up down 28 points. that s what s considered a good day on the markets right now. let me tell you, with that major problems, and if you
the president, and democrats house and lled t the stat it s understandable that people are saying youw, know, what have you done. yeah, and where are the jobs? right, where are the jobs. about 862 billion dollargo he got it passedn almost pure party line vote, imagine majorities and we re wondering what happened to the money and the focus the next year was on health care and the president could be paying the price for that because the recovery summer never happened. the stimulus bill is very unpular and now he s asking for another, but he does something he always does, he picks out an enemy. the health care companies for a while. wall street for a while. john mccain for a while and president bush still today and this new guy is minority leader john boehner, that is the enemy and did i say president bush? maybe he s not the enemy anymore? this is a very interesting turn of events yesterday. a week ago when the president gave the speech on iraq and