"A key issue is to what extent layoffs and a credit crunch will mushroom out to the broader economy and that hinges mostly on how well consumer spending holds up," said Kevin Cummins, chief economist at NatWest in Stamford, Connecticut.

Source: https://gazette.com/news/us-world/slower-us-job-growth-expected-in-april-unemployment-rate-seen-rising-to-3-6/article_7e288fce-30d2-55e5-879f-01605e352621.html