Survey: 2.76 million layoffs in May, far fewer than

Survey: 2.76 million layoffs in May, far fewer than expected

WorldNews

Published 03 Jun 2020

BALTIMORE – U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected. The payroll company ADP reported Wednesday that businesses have let go of a combined 22.6...

Full Article

Survey: 2.76 million layoffs in May, far fewer than expected

Survey: 2.76 million layoffs in May, far fewer than expected

You might like

Related news coverage

Layoffs, furloughs, and budget cuts: We're tracking how 19 energy giants from Chesapeake Energy to Chevron have responded to the historic oil market meltdown

Airline stocks plunge on warnings of the 'worst year in the history of aviation,' as one of Europe's biggest carriers announces 22,000 layoffs

The inside story of how $3 billion Brex went from raising $150 million to slashing staff in just 10 days. Here are the execs who are out, and what's next for the fintech.

A 2nd wave of COVID-19 infections poses the biggest threat to the US economy this year, economist survey shows

Layoffs, furloughs, and budget cuts: We're tracking how 18 energy giants from BP to Chevron have responded to the historic oil market meltdown

Advertisement

More coverage

US companies cut 2.76 million jobs in May, less than one-third of what economists expected, ADP says