The private sector lost 20.236 million jobs in April, according to a report published Wednesday from the payroll company ADP.
The hardest-hit sector was leisure and hospitality, which shrank by 8.6 million jobs in April, according to ADP. That was followed by trade and transportation, down 3.4 million jobs. Construction lost 2.5 million and manufacturing shrank by 1.7 million. Professional and business services contracted by 1.2 million.
Body found in Grand Canyon National Park of man traveling down Colorado River with dog Harry and Meghan’s Charity Falls Apart, Banned from Raising Funds After Money Problems, Delinquency UK’s Cameron discussed Ukraine-Russia peace deal with Trump: report Contentious primaries in 3 states set up crucial general election matchups in House, Senate – What to know White House walks diplomatic tightrope on Israel amid contradictory messaging: ‘You can’t have it both ways’ NY v Trump: Prosecutors to resume questioning Michael Cohen after testimony on Stormy Daniels payment Nationwide teacher shortages leave school districts relying on alternative solutions Nevada Supreme Court rejects teachers union-backed appeal to put A’s public funding on ’24 ballot 1st Summer Blockbuster of 2024? ‘Kingdom of the Planet of the Apes’ Is Trying to Save Floundering Box Office Nonprofits Making a Fortune in Border Crisis, US Office of Refugee Resettlement Signing Over Taxpayer Money: Report Judge Releases Suspect Accused of Hosing Down Occupied Car with Rifle Fire, Concludes He Is Not a Threat Reports of Biden White House keeping ‘sensitive’ Hamas intel from Israel draws outrage Vivek Ramaswamy to join Trump in Manhattan court on Tuesday Trump blasts ‘highly conflicted’ judge after Michael Cohen’s first day of testimony wraps Former WV health official gets year of probation for lying about COVID test invoices
Large businesses led the way in laying off workers, losing nine million employees. Medium-sized businesses, those with 50 or more workers but less than 500, laid off around 5.3 million. Smaller businesses fired around 6 million workers.
The figure was in line with Wall Street’s expectations.
Story cited here.