Via the miracle of Bloomberg, we can back out of the NFP data the B/D adjustment
By that metric, today’s number was actually very weak compared to other Payroll numbers
Note: As previously mentioned, the B/D is not a one for one additor to the NFP data. It goes into the total employment data, which is then seasonally adjusted, before a monthly gain/loss is made.
The greater impact of B/D is on the total annual jobs created, and not the monthly numbers.