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LATEST NEWS UPDATES | Pandemic Effect: 9 Months On, More Younger Workers Remain Jobless -Rosa Abraham, Amit Basole and Surbhi Kesar

Pandemic Effect: 9 Months On, More Younger Workers Remain Jobless -Rosa Abraham, Amit Basole and Surbhi Kesar

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published Published on Jan 20, 2021   modified Modified on Jan 20, 2021

-IndiaSpend.com

More younger workers, and women, lost jobs and struggled to recover them. Even after employment rates recovered, quality of employment deteriorated, with individuals moving into less secure self-employment in agriculture, construction and small-scale trade.

Bengaluru: The COVID-19 pandemic has delivered a large and sustained economic shock to the global economy. In India, the effect can be broadly divided into two phases--the shock of the nationwide lockdown in the months of April and May 2020, and the subsequent evolution of the shock (through smaller outbreaks and lockdowns) combined with some recovery.

While several small surveys and reports indicate that there were large employment and income losses, not only during the lockdown but continuing into the subsequent months, the recovery in employment seen August 2020 onward has been uneven, according to data from the Centre for Monitoring Indian Economy's Consumer Pyramids Household Survey (CMIE-CPHS).

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IndiaSpend.com, 20 January, 2021, https://www.indiaspend.com/economy/pandemic-effect-9-months-on-more-younger-workers-remain-jobless-716310


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