Recession Archives - ADP Research Institute (ADPRI)

Wage garnishments were on the rise. Then the pandemic hit.

Wage garnishments have been falling, and half of that trend is due to a drop in student loan debt garnishments.

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Recession

May 19, 2020

What the Past Won’t Tell Us About the Pandemic “Recession”

by ADP Research

Early on, it has become clear that the magnitude and speed of job loss are greater than any recession we’ve experienced in modern U.S. history. The million-dollar question on most people's minds is how much of this job loss will come back?

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Wage garnishments were on the rise. Then the pandemic hit.

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What the Past Won’t Tell Us About the Pandemic “Recession”

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