The reduction in the salary Fund is explained by measures introduced in response to the coronavirus outbreak.
The number of laid-off employees of private enterprises in the United States exceeded 20 million in April. The reason for this was the impact on the labor market of the outbreak of a new coronavirus, which led to large-scale job cuts.
According to the data provided in the National Report on the employment situation released on Wednesday, restrictive measures to slow the spread of COVID-19 may lead to long-term consequences for the country’s economy, even if a significant part of the US territory will resume work of secondary enterprises.
According to revised data for March, the number of private-sector jobs fell by 149,000 this month, instead of the 27,000 previously reported.