Non Farm Payroll Tomorrow

With tomorrow's NFP report out at 8:30am, Bloomberg has this headline:

824,000 Jobs Will Disappear on February 5th.

http://www.bloomberg.com/insight/birth-death-model.html

I have posted before on the Birth-Death Model before.

http://tradersutra.blogspot.com/2009/11/waiton-second-thoughtjobs-its-much.html

Its so interesting that the facts do come out only when markets are in stress. I think many investors are selling stocks ahead of this report and are quite spooked about this 824,000 figure. But this figure along with the household survey has been brutal for the better part of the last 16 months, and continued weakness should not be a surprise to the markets.

I have posted about the household survey before as well.

http://tradersutra.blogspot.com/2009/09/labor-day-not-good-times.html

http://tradersutra.blogspot.com/2009/09/reality-tv-americas-worst-financial.html

Figures don't lie but liar's always figure.