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  3. This Chart Says Tomorrow's Jobs Report Could Be Gigantic

This Chart Says Tomorrow's Jobs Report Could Be Gigantic

This Chart Says Tomorrow's Jobs Report Could Be Gigantic

The official prediction for tomorrow's jobs report is 180,000 new jobs.

But here's a chart getting passed around that we just saw from Dave Lutz of Stifel, Nicolaus.

It shows the employment subindex from the ISM non-manufacturing report (red line) vs. the monthly change in Non-Farm Payrolls (blue line).

If Non-Farm Payrolls matches the rise in the ISM then we're looking at a number of over 300K.

NFPvsISMemploymentsubindex

FRED

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