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View: How jobs were impacted due to lockdown

October 11, 2020
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Losses in salaried jobs are difficult to recover. These are not like informal jobs, or even like gigs.

Synopsis

While salaried jobs have taken the biggest hit during the lockdown, it is not that this form of employment is more vulnerable compared to other forms.

By Mahesh VyasThe impact of the lockdown on employment has been fitful. The loss in April 2020 was of 121 million jobs. This accounted for a massive 30% of all jobs in the previous year. Of these, 31 million came back in May, and a very substantive 63 million repaired in June. The recovery continued into July with the addition of another 15 million jobs. By the end of September, the loss of jobs was less than six million. We’ve been to hell and

BY

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Oct 11, 2020, 11:08 PM IST

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Credit: economictimes.indiatimes.com

Tags: average monthly incomeCentre for Monitoring Indian Economydaily wage labourersJobslockdownpandemicwhite collar professional employees
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