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LATEST NEWS UPDATES | Maharashtra: Sudden micro lockdowns led to labour losses, spike in unemployment, says report -Sandeep A Ashar

Maharashtra: Sudden micro lockdowns led to labour losses, spike in unemployment, says report -Sandeep A Ashar

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published Published on Oct 6, 2020   modified Modified on Oct 6, 2020

-The Indian Express

In a presentation made to Chief Minister Uddhav Thackeray and senior ministers in a meeting on Monday, the state finance department claimed that the unemployment rate had climbed from 3.9 per cent in July to 6.2 per cent in August.

Mumbai: A spike in Maharashtra’s unemployment rate in August is threatening the revival of the Covid-hit economy, a government report has said.

In a presentation made to Chief Minister Uddhav Thackeray and senior ministers in a meeting on Monday, the state finance department claimed that the unemployment rate had climbed from 3.9 per cent in July to 6.2 per cent in August.

“There has been an uptick in the unemployment rate since August. Unemployment has peaked to 20.9 per cent in April but had since declined to 3.9 per cent by July due to measures being taken to gradually reopen economic and public activities. But it rose to 6.2 per cent by August end,” said a senior minister.

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The Indian Express, 6 October, 2020, https://indianexpress.com/article/cities/mumbai/maharashtra-sudden-micro-lockdowns-led-to-labour-losses-spike-in-unemployment-says-report-6704530/


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