HERE COMES THE JOBS REPORT

It's finally here: One of the most important and highly anticipated jobs reports since the last election.

It's huge because it could end up being a signal that the economy is recovering, and it's huge because of an imminent Fed meeting, and the prospect that Quantitative Easing will be slowed down if the economy is showing strength.

Here are the key numbers we're watching for:

• Non-Farm Payrolls: 180K expected
• Change in private payrolls: 180K expected
• Unemployment Rate: 7.4% expected
• Average hourly earnings growth: +0.2% expected

The number will be out at 8:30 AM.

Meanwhile, check out these three charts that show why the number could be a blowout.