Source: Accounting Today: IRS Watch
Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period, and even that doesn’t reflect the total economic fallout from the COVID-19 pandemic.

Read More: Private sector employers cut 2,760,000 jobs due to coronavirus, says ADP