write an article on People losing their jobs in India due to covid-19
Answers
Answer:
Covid 19
Explanation:
The average employment reduced from an estimated 404 million during 2019-20 to 396 million in March 2020. In April it came down to 282 million (122 million estimated job losses)
Over 122 million people in India lost their jobs in April, according to estimates from Centre for Monitoring Indian Economy. Around 75% of them were small traders and wage-labourers.
Tamil Nadu was among the worst-hit States. Its estimated unemployment rate in April was the highest among States and its labour participation rate among the lowest.
Explanation:
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Home >News >India >COVID-19 lockdown impact: 5 million salaried Indians lost their jobs in July, show data
COVID-19 lockdown impact: 5 million salaried Indians lost their jobs in July, show data
The coronavirus infected over 2.7 million people in the country, hitting the economic activity. Photo: iStock
The coronavirus infected over 2.7 million people in the country, hitting the economic activity. Photo: iStock
1 min read . 18 Aug 2020
Written By Anulekha Ray
'While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve,' according to CMIE report
Salaried jobs were nearly 19 million short of their average in 2019-20, showed CMIE data
Five million salaried people lost their jobs in July, the Centre for Monitoring India Economy said. "17.7 million salaried jobs were lost in April 2020. An additional 0.1 million jobs were lost in May. Then, 3.9 million jobs were gained in June. But, 5 million jobs were lost in July," the CMIE data showed.
"On a net basis, the plight of salaried employees has worsened since the lockdown began. In April, they lost 17.7 million jobs. But by July, their losses had swelled to 18.9 million," CMIE data showed, adding that ballooning numbers of job losses among salaried class is a source of worry.
