US ADP employment dropped only -27k, but coronavirus impact not fully reflected

<p>US ADP report shows only -27k job loss in the private sector in March, well better than expectation of -150k. By company size, small businesses lost -90k, medium businesses grew 7k, large businesses grew 56k. By sector, good-producing jobs dropped -9k while service-providing jobs dropped -18k. “It is important to note that the ADP National […]</p>
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