Analysts at Goldman Sachs offer their estimates on the US Non-Farm Payrolls (NFP) data release due later on Friday at 1230 GMT.
Key quotes
“Non-Farm Payrolls declined by 24 million in April.
Unemployment rate rose from 4.4% to 14.0%.
In interpreting the report, we will pay special attention to the number and share of workers on furlough or temporary layoff.”