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454,000 last week. economists say despite the drop unemployment levels are still elevated. hiring remains slow and jobs, as you know remain scarce. the u.s. getting a scolding from the international monetary fund over our growing budget deficit. right now the u.s. deficit edging up towards $1.5 trillion and the international group that looks out for the global financial system is warning the obama anministration that it better consider raising taxes as well as making cuts in spending to get this number down to a manageable level. to put in it context our debt to gdp ratio our gross domestic product has doubled, it's now at 64%. at this rate our debt will be 95% of our gdp in ten years. new arrests in a suspected terrorist plot with targets in europe linked to the foiled attack on new york city's

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