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On. i remember that last weekend before he declared, he said you know what, i'm going to talk to michelle, see how this goes and lo and behold, yes, he was on board, so interesting, his mention of his wife as well. we'll see how that goes. steve, thank you, always good to talk to you, steve hayes. bill: everything he said yesterday was a quote. check the markets, we are down 19, 20 points on wall street, investors today reacting to the jobs number out that was not good, 404,000 americans filing for first-time unemployment benefits, after we saw a drop for the three weeks prior to that. we're...

Precaution, the ridgewood elmentry school is also in lockdown, and students are remaining in their classes there. there's no access in and out of the building. so a developing story, one we're going to watch in northville, michigan today. jon: and a story that affects pretty much everyone in this country, brand new numbers on the jobs front, the labor department reporting fewer folks applied for unemployment benefits last week. the number dropping by about 37,000, to a seasonally adjusted number of 404,000. economists say the decline suggests last week's unexpected rise in applications was the...

>> i'm insulted. what are you doing for lunch? you should come visit. we're watching the stock market this morning. right now it does look like we are in for a lower opening with stocks. but not nearly as low as we would have been before we got those numbers concerning jobless claims. jobless claims fell last week to 404,000. that was below the 420,000 that had been expected and below last yeek's 441,000. that's a good sign. still a lot of people asking where are the jobs? if the jobless claims are coming down we'd like to see the unemployment number improving as well. some earnings have been ...

Call or click today. >> gretchen: fox business alert for you. the labor department just releasing the latest weekly jobless numbers. 404,000 new unemployment claims filed last week. that is less than expected. economists predicted 420,000 claims would happen and who do we have, eric bolling from the "fox business" network is here to analyze. >> good morning. we just did the math on this. the four week moving average, we watched that because it leaked out an errant number. the four week moving number with that 404 comes in at 410,000 initial jobless claims. again, people filing for unemployment...

As a matter of fact. it's the not job problem that's a problem. people that have them, confidence is there. >> we're showing right now breaking news, good news on the jobless front. tell us about that. >> so a drop of 37,000 in terms of people filing for unemployment. that puts the number at 404,000. that's a very good number. last week we had disappointment. we're now hovering around 400 which is very solid. if you look at continuing claims which sort of looks over the several week time frame. it's a more accurate number. that's the lowest since october 2008, which is right as the crisis was ...