Research >> Economics
ADP National Employment Report decreased by 20,236,0000 jobs in April
Private sector employment decreased by 20,236,000 jobs from March to April according to the April ADP National Employment Report®. The report utilizes data through the 12th of the month. The NER uses the same time period the Bureau of Labor and Statistics uses for their survey. As such, the April NER does not reflect the full impact of COVID-19 on the overall employment situation.
“Job losses of this scale are unprecedented. The total number of job losses for the month of April alone
was more than double the total jobs lost during the Great Recession,” said Ahu Yildirmaz, co-head of the
ADP Research Institute. “Additionally, it is important to note that the report is based on the total number
of payroll records for employees who were active on a company’s payroll through the 12th of the month.
This is the same time period the Bureau of Labor and Statistics uses for their survey.”
Posted: May 6, 2020 Wednesday 08:15 AM