[Positive]

"Happy by the headline establishment survey print of 133,245 which says that the US "added" 163,000 jobs in July from 133,082 last month? Consider this: the number was based on a non seasonally adjusted July number of 132,868."

Took me a bit to make some sense out of the. The author might have taken a little time to add 000s to the appropriate numbers, that way the addition and subtract would see to work out.

Meanwhile, yes that was a large seasonal adjustment.

[khelus]

It would have been easier to read if he stated:

# jobs, not seasonally adjusted
June 134,072,000
July 132,860,000
=
-1,212,000 fewer jobs in July

After running -1,212,000 through 2 statistical tools: the Birth and Death model and seaonal adjustment

-1,212,000 becomes +163,000