US businesses slashed 27,000 jobs before strictest coronavirus shutdowns took effect, new report shows

· Private-sector firms cut 27,000 jobs in the month ended March 12, according to a Wednesday report from ADP.
· The release marks the metric's first decline since 2017 and suggests the labor market began to weaken before widespread lockdowns and stay-at-home activity was ordered later in March.
· Small employers slashed...