Business50 Lakh Salaried Jobs Lost In July, Nearly 2 Crore Since April: Think-Tank
ADVERTISEMENT
50 Lakh Salaried Jobs Lost In July, Nearly 2 Crore Since April: Think-Tank
1.89 crore salaried people have lost jobs since April
CMIE said job loss in salaried segment is a "source of worry"
CMIE also said that salaried jobs are "far more difficult to retrieve"
CMIE said job loss in salaried segment is a source of worry
As many as 50 lakh salaried people lost their livelihoods in the month of July, taking the total tally of those who lost jobs in the segment since April to 1.89 crore, private think tank Centre for Monitoring Indian Economy (CMIE) said in a report released earlier this month. Even as the data showed an overall improvement in the employment rate since April, CMIE flagged the issue of "ballooning numbers" of jobs lost in the salaried s...