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Over 2 Crore Jobs Lost In April And May Due To Covid 2nd Wave, Says CMIE

The unemployment rate had touched a record high of 23.5 per cent in May 2020 due to national lockdown
The unemployment rate had touched a record high of 23.5 per cent in May 2020 due to national lockdown
A total of 2.27 crore people lost their jobs throughout the country due to the second wave of Covid-19 infections, Mahesh Vyas, CEO, Centre for Monitoring Indian Economy said. "Total number of jobs in the country is of the order of 40 crore. Of these 40 crore people who were employed, 22.7 crore lost their jobs in past 2 months," Mahesh Vyas, Head, Centre for Monitoring Indian Economy said.
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