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Unemployment rate shoots up to 8% in April; 7.35 million lose jobs: CMIE
While fall in labour force participation could be attributed to partial lockdowns, fall in employment cannot be attributed to lockdowns. Most job losses are from agricultural sector, which is not impacted by lockdowns. April is a lean month for employment in farms
BusinessToday.In | May 12, 2021 | Updated 14:22 IST
Salaried employees saw a loss of 3.4 million jobs in April
April turned out to be worse than expected when it came to jobs as states resorted to strict lockdowns. The unemployment rate shot up from 6.5 per cent in March to 8 per cent in April, while the employment rate fell from 37.6 per cent in March to 36.8 per cent in April, data by private think tank CMIE said. ....

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