Small Businesses Slash More than 11 Million Jobs in April

NEW YORK — The nation's small businesses slashed more than 11 million jobs in April as they were forced to close or suffered steep revenue losses amid the coronavirus outbreak.

The tally from ADP counts jobs lost at the payroll provider's business customers with under 500 workers. The smallest companies, those with fewer than 20 workers, cut nearly 3.4 million jobs and those with 20 to 49 employees cut 2.6 million.

The numbers reflect the social distancing restrictions state and local governments began implementing in March and that forced the closure of many small businesses including stores, restaurants, gyms and sports and entertainment venues. But officials in many areas have begun relaxing those restrictions, which may lead to a reversal of some of the job losses.

However, even companies that remained open have been losing business as customers stayed home or cut back their spending. While companies that cater to consumers have been hard hit, businesses that serve other businesses also have seen their revenue drop.

The Labor Department has reported that more than 30 million people have sought unemployment benefits since the virus hit. 

April's losses reported by ADP surpassed the 170,000 jobs cut in March. By comparison, companies added more than 31,000 jobs on average each month during 2019.

ADP also tallied more than 20 million jobs lost at all its business customers in April. The Labor Department's April jobs report on Friday will also show the extent of the overall damage to the economy from the virus outbreak.

While many businesses closed during March, nearly 30% of businesses questioned for a U.S. Chamber of Commerce-MetLife report said they had closed during April, which helps explain the big drop in payrolls last month. The survey was taken from April 21-27 and questioned 500 companies.


Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Warnock or Walker? Georgia Runoff to Settle Last Senate Seat

ATLANTA — Georgia voters on Tuesday are set to decide the final Senate contest in the country, choosing between Democratic Sen.

NEW YORK (AP) — Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former president’s business.

With Cristiano Ronaldo on the bench, the superstar striker’s replacement scored a hat trick to lead Portugal over Switzerland 6-1 and into the World Cup quarterfinals on Tuesday.

Morocco became the first Arab nation and only the fourth African nation to advance to the World Cup quarterfinals, beating Spain 3-0 in a penalty shootout on Tuesday.

WASHINGTON — The Biden administration is still actively searching for ways to safeguard abortion access for millions of women, even as it bumps up against a complex web of strict new state laws enacted in the months after the Supreme Court stripped the constitutional right.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.