Job Report in US (ADP), March – Lost of 27,000 up to March 12, without full impact of COVID-19

ADP National Employment Report: Private Sector Employment Decreased by 27,000 Jobs in March; the March NER Utilizes Data Through March 12 and Does Not Reflect the Full Impact of COVID-19 on the Overall Employment Situation

ROSELAND, N.J. – April 1, 2020 – Private sector employment decreased by 27,000 jobs from February to March according to the March ADP National Employment Report®. The report utilizes data through the 12th of the month. The NER uses the same time period the Bureau of Labor and Statistics uses for their survey. As such, the March NER does not reflect the full impact of COVID-19 on the overall employment situation.
Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

Chosen excerpts by Job Market Monitor. Read the whole story @ ADP National Employment Report | March 2020