Over 1.8 crore salaried jobs lost since April, nearly 50 lakh in July: CMIE
4 years, 5 months ago

Over 1.8 crore salaried jobs lost since April, nearly 50 lakh in July: CMIE

India Today  

Nearly 50 lakh salaried jobs were lost in India in July, according to latest data released by the Centre for Monitoring Indian Economy. According to CMIE’s latest report, more than 1.8 crore salaried employees lost their jobs after the pandemic forced businesses and firms to shutdown in India since April. While employment in informal sector and rural areas have seen an uptick since April, the lack of improvement in salaried jobs paints a worrisome picture in terms of growth. Salaried jobs contribute more to the country’s GDP than employment in the informal sector, which is largely dependent on the formal economy.

History of this topic

Nearly half of Indian states and three union territories saw informal sector job losses over seven years: NSSO
6 months, 1 week ago
India's unemployment rate drops to 6.43% in September: CMIE
2 years, 3 months ago
At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago
At 6.80%, unemployment rate in India lowest in 6 months: Report
2 years, 5 months ago
Employment rate increasing in July after steep fall in June: CMIE
2 years, 6 months ago
India’s June employment data lowest in last one year: CMIE
2 years, 6 months ago
What forced PM Modi's jobs push now
2 years, 7 months ago
15.33 million Indians lose jobs in May
3 years, 7 months ago
Over a crore Indians lost their jobs in second COVID-19 wave, income declined in 97% families: CMIE
3 years, 7 months ago
Employment fell by half a million in October despite green shoots in economy: CMIE
4 years, 2 months ago
Even as economic recovery continues, India lost 5.5 lakh jobs in October
4 years, 2 months ago
Employment rate halts recovery, falls again in October
4 years, 2 months ago
Every third professional has lost his job since corona
4 years, 4 months ago
Unemployment Rate in India Rose to 8.4% in August 2020: CMIE
4 years, 4 months ago
Around 12.2 crore people lost their jobs: How Covid-19 will change job prospects and hiring in India
4 years, 5 months ago
India's economy shows early signs of recovery
4 years, 5 months ago
India's economy unlikely to recover soon despite growing job numbers
4 years, 5 months ago
COVID-19 lockdown: April job losses highest among youth, says data
4 years, 8 months ago
Data | An estimated 12.2 crore Indians lost their jobs during the coronavirus lockdown in April: CMIE
4 years, 8 months ago
Unemployment at 27.11%: Experts Say ‘Jobs Bloodbath’ to Worsen
4 years, 8 months ago
Employment generation remains the toughest job
5 years, 6 months ago
Employment generation remains the toughest job
5 years, 6 months ago
CMIE data shows 11 mn jobs lost in 2018: Labour reforms need of the hour, but no political party is serious about it
6 years ago
The enormity of job challenge that India faces
6 years, 2 months ago

Discover Related