Private businesses in the US fired 20.2 million workers in April of 2020, after shedding an upwardly revised 149 thousand in the previous month and slightly higher than market forecasts of 20 million. It is the biggest decline ever in employment, due to the coronavirus pandemic and shutdown imposed. The service-providing sector shed 16 million jobs, mostly in leisure & hospitality (-8.6 million) and trade, transportation and utilities (-3.44 million). Meanwhile, the goods-producing sector fired 4.22 million workers, mainly due to construction (-2.47 million) and manufacturing (-1.67 million).
ADP Employment Change in the United States averaged -11.06 Thousand from 2001 until 2020, reaching an all time high of 314 Thousand in February of 2012 and a record low of -20236 Thousand in April of 2020. This page provides the latest reported value for - United States ADP Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ADP Employment Change - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Automatic Data Processing, Inc.
ADP Employment Change in the United States is expected to be -600.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate ADP Employment Change in the United States to stand at 150.00 in 12 months time. In the long-term, the United States ADP Employment Change is projected to trend around 150.00 Thousand in 2021, according to our econometric models.