Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period, and even that doesn’t reflect the total economic fallout from the COVID-19 pandemic.

Original Article Posted at : https://www.accountingtoday.com/news/private-sector-employers-cut-2-760-000-jobs-due-to-coronavirus-says-adp