More than 20 million U.S. jobs disappeared in the month of April, according to a new report.

The ADP Research Institute says private payrolls dropped by 20.2 million – which was actually slightly better than the 22 million predicted by economists.

It’s still an unprecedented loss – nearly 25 times the previous one-month record of 834,000, set during the 2009 financial crisis.

Source: https://www.cnbc.com/2020/05/06/adp-private-payrolls-april-2020-drop-by-record-20point2-million.html