Rising joblessness: India s employment scenario worsens in December
By IANS |
Published on
Thu, Jan 7 2021 18:57 IST |
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Unemployment.. Image Source: IANS News
New Delhi, Jan 7 : The employment scenario in the country, which improved post the lifting of the lockdown, has worsened in December, according to data from the Centre for Monitoring Indian Economy (CMIE).
The unemployment rate in the country increased sharply to 9.1 per cent in December from 6.5 per cent in November, as per the data. The numbers indicate that the stress in the economy is far from over and the road to normalcy would be longer.
According to CMIE s MD and CEO Mahesh Vyas, the December number is the highest unemployment rate since the beginning of India s recovery from the lockdown in June.
As Lakhs of Overseas Workers Return to Kerala, Fear of Drop in NRI Deposits, Remittances
A report has it that over 5 lakh people returned to Kerala since May, 2020, due to job losses.
Migrant workers return from their native places after COVID-19 lockdown restrictions were eased, in Ahmedabad, July 1, 2020. Photo: Reuters
Labour07/Jan/2021
New Delhi: As many as 5.52 lakh people have returned to Kerala from foreign countries since May 2020 â at the height of the pandemic â because they lost jobs,
While the pandemic and the resultant economic crisis brought on an unemployment crisis as well, the extent to which Indian workers in foreign shores had been affected is still not clear. The large figure is confined to just Kerala and was compiled by the Department of Non-Resident Keralites’ Affairs of the state government from declarations made by those who had returned.
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