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The Average January Nonfarm Payroll Seasonal Adjustment Is...

Tyler Durden's picture


... 2.1 million additional jobs, or the number of "statistical" jobs that will be added to the actual number to smooth the jobs trendline, and is the largest of any month in the year. Keep that in mind when considering that the consensus today is for a gain of 165K jobs: a number whose swing will be dwarfed by the actual adjustment added to the actual underlying.


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Fri, 02/01/2013 - 09:32 | Link to Comment Shocker
Shocker's picture

This has been one heck of a recovery

Layoff/Business Closing List

Fri, 02/01/2013 - 09:43 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

I decided to do some simple math and just add/subtract the adjustment numbers in this graph.  We're looking at a net seasonal adjustment of 1,835,300 jobs.  Ie., they created that many jobs out of thin air over the last decade (183,530 per year, 15,294 per month, 502.8 jobs per day).  BLS Vapor is fucking awesome at employing phantoms.  

Fri, 02/01/2013 - 09:46 | Link to Comment Panafrican Funk...
Panafrican Funktron Robot's picture

Unless I read this wrong and the net seasonal adjustment is 1,835,300 per year.  If so, holy fuck.

Fri, 02/01/2013 - 10:19 | Link to Comment Biosci
Biosci's picture

I think your math might be off.  Unless you're double-counting "Rocktober" and "Toyotathon"

Fri, 02/01/2013 - 09:35 | Link to Comment Frastric
Frastric's picture

For fuck's sake BLS just give the non seasonally-adjusted numbers , or are you and your government lackeys too scared of volatility when a -2 million print is posted (which is normal for the US economy during this month) and mass hysteria ensues?

Fri, 02/01/2013 - 09:42 | Link to Comment smlbizman
smlbizman's picture

i thought we had only four seasons....these guys are always in seasons...and the fucking clown show on cnbc...waiting for santelli to finish reading the hedge ,preparing for battle

Fri, 02/01/2013 - 09:35 | Link to Comment El Hosel
El Hosel's picture

Goldilocks numbers..Bitchez 

Fri, 02/01/2013 - 09:46 | Link to Comment q99x2
q99x2's picture

The two headed turtle is real. And, we all know about the bearded lady. But, the Bureau of Labor Statistics is BULLSHIT.

Fri, 02/01/2013 - 09:46 | Link to Comment orangegeek
orangegeek's picture

Q4 GDP is MINUS 0.1% and employment numbers improve.


That's great.  Hiring more workers to output less.  Just outstanding.  How do they do it?

Fri, 02/01/2013 - 09:45 | Link to Comment Cursive
Cursive's picture

We got 157k on the jobs report today.  Looking at the chart above that shows Jan-Mar get the most SA help, that suggests major problems with the jobs market.

Fri, 02/01/2013 - 09:48 | Link to Comment bobert
bobert's picture

I long for an adjustment free world.

Fri, 02/01/2013 - 09:55 | Link to Comment thismarketisrigged
thismarketisrigged's picture

and the futures continue to rise despite unemployment rising to 7.9 and jobs lower than expected.


and these fools on cnbc actually believe the market is moving on fundamentals, ok fuckers

Fri, 02/01/2013 - 09:59 | Link to Comment Stuart
Stuart's picture

in other words, it's not known what's going on with employment.   

Fri, 02/01/2013 - 09:59 | Link to Comment caimen garou
caimen garou's picture

muppet bait!

Fri, 02/01/2013 - 12:50 | Link to Comment jtlien
jtlien's picture

Get the oldsters to flip burgers after their $100k jobs evaporate.

Loan lots of kids more money so they stay in school.

Put the pot smokers in prison.   Keep the troop strength up.

Lots of Sandy cleanup jobs.   There are proposing a big mine in my area that would create real jobs.

The Dems/Enviros want to kill it.   No one from Obama ( jobs are my first priority) administration there to help push it along.

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