That's kind of how I see it.
Continued reduction in the PS, loss of summer jobs held by Students and manufacturing jobs held onto and returned a decent gain.
I'd like to take a bit more time and look into the number that I've always thought had more meaning, 'labour participation rate'. It was 65.1% last time I checked.
Would also like to see if the August number for the US break out manufacturing numbers.
EDIT:
Found the US August numbers:
Restaurants and bars led with 59,000 new jobs, while government education rose by 42,000 and manufacturing contributed 16,000. Health care, the primary engine of job growth, saw a gain of just 13,000, compared with the monthly average of 32,000 over the prior 12 months.
When comparing to our 22,000 manufacturing job gains for August vs the 16,000 for the US - we clearly outperformed them in August on this issue. Remember folks, 340m vs 41m.