place three months after the flooding. so, thets do this. let's start with a glimmer of hopeful job news after a wave of grim economic reports. the number of americans applying for first time unemployment benefits fell last week. 473,000 initial jobless claims, down 31,000 from a week earlier, and the first drop in three weeks. patricia wu is break down the report for us. still a lot of claims, but what does that number really mean? what does it represent? >> well, it's still a lot, but wall street is going to take this one as good news. it's the only positive data we've seen in a ...