A qualifier on the drop in weekly jobless claims: Analysts say the decline resulted partly from...

A qualifier on the drop in weekly jobless claims: Analysts say the decline resulted partly from technical factors: auto layoffs that normally take place in early July, as factories are retooled to build the next year's models, occurred in the spring as GM and Chrysler implemented sweeping restructuring plans.

Comments

[Neil459]

CNBC, even if true you can't believe a word of it!

[daniel3582]

They will do anything to deny the structural problems in our economy won't they?