The headline number was a gain of 201,000 persons. But the two prior months were revised downward. By 40,000 in June and 10,000 in July. So, the actual gain, net of revisions is the 151,000 you see below.

All of which is a reminder that you always need to look past the headlines in the press release. This is good report, but it is not as robust as the headline would suggest.

Subscribe now!