ADD ANI AS A TRUSTED SOURCE
googleads
Menu
US

US private sector shed 20.2 million jobs in April amid coronavirus pandemic

Washington D.C. [US], May 6 (ANI): American private-sector shed around 20.2 million jobs in April, the worst month on record, as per the report of Automatic Data Processing (ADP) National Employment.

ANI May 06, 2020 20:21 IST googleads

According to CNN, the losses were broad-based across small, medium, and large-sized businesses while the services sector was hit the hardest -- 16 million service jobs were lost last month.

Washington D.C. [US], May 6 (ANI): American private-sector shed around 20.2 million jobs in April, the worst month on record, as per the report of Automatic Data Processing (ADP) National Employment.
The US has been grappling with coronavirus pandemic which has so far infected more than a million people in the country while also claiming lives of more than 65,000 people.
According to CNN, the losses were broad-based across small, medium, and large-sized businesses while the services sector was hit the hardest -- 16 million service jobs were lost last month.
"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," Ahu Yildirmaz, co-head of the ADP Research Institute was quoted as saying.
Last month, the International Monetary Fund (IMF) projected that the world economy is likely to contract sharply by "minus three per cent" due to coronavirus pandemic. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Middle East

"Blocking Strait of Hormuz must continue," says Ayatollah Mojtaba

In his first address to the Iranian people. Ayatollah Mojtaba Khamenei called for the continued blockade of the Strait of Hormuz, a move that will raise tensions.

Read More
Middle East

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

"The countries of the region must clarify their stance regarding the aggressors against our dear homeland and the killers of our people. I recommend that they shut down those bases as soon as possible; for they must surely have realized by now that America's claim of establishing security and peace has been nothing but a lie," he said.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.