ADP Forecasts a Big Job Loss in December

ADP December 2020 Forecast

 Private sector employment decreased by 123,000 jobs from November to December according to the December ADP National Employment Report. 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.  

Change by Company Size

Medium-sized businesses, defined as companies with 500-999 employees have been the hardest hit in the pandemic.

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huriyahfasih
huriyahfasih
3 years ago

The economy has been badly hit after the COVID-19 and the unemployment rate has also increased. As a cv”=””>link to cvresume.ae“>cv writer in uae, I have noticed a very clear image. Thousands of people have lost their jobs and I hope that it will be recover soon!

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Six000mileyear
Six000mileyear
3 years ago

My company announced earlier this week it was closing unfilled / open contractor positions until further notice. It means things are getting worse and expected to remain depressed.

goldguy
goldguy
3 years ago
Reply to  Six000mileyear

Yes of course, and with joe and ho, it will get MUCH worse. I am sorry and wish you and your family well.

Lance Manly
Lance Manly
3 years ago

So I have the US with 146 million NFP jobs in Jan 2017, in a growing economy. Looks like maybe 142 million in Jan 2021. Winning!

Jojo
Jojo
3 years ago

All because of states reimposing lockdowns in the desperate hope that the results will be different this time around.

goldguy
goldguy
3 years ago
Reply to  Jojo

Yes, similar to the mask mandate, look how well that worked…

AWC
AWC
3 years ago

Great news,,,more stimulus.

goldguy
goldguy
3 years ago

No problem, democrats will print, print, print and print more until the dollar will look like used toilet paper.

Telenochek82
Telenochek82
3 years ago
Reply to  goldguy

FED under Republicans have printed way more money. It’s not a Dem or Rep issue, the government has been captured by large business interests

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