Latest Data on New Unemployment Rate is Shocking; 2 Crore Jobs Lost Since April
According to Centre for Monitoring Indian Economy (CMIE), a total of two crore people are estimated to have lost their jobs since the Covid-19 induced lockdown commenced. Around 1.77 crore jobs were lost in the month of April, 40 lakh jobs in May and June combined, and 50 lakh jobs in July. While there has been a recovery in the informal jobs lately, reports state that it has left out healthier, salaried jobs.
Tags: CMIE, SALARIED JOB LOSSES, INFORMAL JOBS, SOURCE OF WORRY
Courtesy: NDTV