U.S. private hiring collapses in April, down 20.2 mn: ADP 

More than 20.2 million U.S. private-sector jobs were destroyed in April, and that almost certainly underestimates the damage from the efforts to contain the coronavirus, payrolls firm ADP said Wednesday.

More than 16 million jobs were eliminated in the services sector, half of those in leisure and hospitality.

However, the data only reflect payrolls through April 12, so the report "does not reflect the full impact of COVID-19 on the overall employment situation."

Click here for more.