A staggering 20.2 million private sector jobs were lost from March to April, the ADP National Employment Report said Wednesday.
This private payrolls loss during the coronavirus pandemic was the worst ADP has recorded in a month since it began tracking in 2002, far surpassing the previous worst report of 834,665 in February 2009, CNBC reports. The report, however, notes that since it's based on data through the 12th of April, it "does not reflect the full impact of COVID-19 on the overall employment situation." The number of Americans who filed initial unemployment claims recently passed 30 million in six weeks.
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