On Wednesday the Street was grappling with a deluge of scary economic data on the labor and manufacturing front, struggling to determine what it means for the market.
For example, the ISM number fell to 53.5 in May -- its worst since September 2009 -- from 60.4 the month before. Also, new data from ADP showed U.S. private employers added a scant 38,000 jobs in May.
In the wake of those results, Goldman Sachs, along with several other large firms cut their estimates for the all-important jobs number, due Friday.
What should you expect at the end of the week from the latest employment figures? Find out from Deutsche economist and CNBC Contributor Joe LaVorgna. Watch the video now.