Economists forecast a nearly 20% unemployment rate and 8 million payrolls cut in the May jobs report. Here's what to watch.

· The May nonfarm payrolls report will be released Friday from the Labor Department. It's expected to be another dismal report following record jobs lost and a huge surge in unemployment in April. 
· Economists surveyed by Bloomberg expect the US economy lost 8 million jobs in May and that the  unemployment rate spiked to...