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Joblessness woes fade away in rural India; unemployment falls to below pre-pandemic levels -Samrat Sharma

-Financial Express The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. The unemployment rate in rural India significantly fell to 5.21 per cent in the last week, according to CMIE’s weekly employment data. The latest figure shows that the joblessness in the rural areas is now lower than the pre-pandemic levels. Though the rising number of jobs plays a major role in reducing...

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Techies and teachers take white-collar hit -Basant Kumar Mohanty

-The Telegraph 32.6% of the 18.1 million jobs in the country were lost in four months India witnessed the erosion of nearly a third of its white-collar jobs between May and August, with professionals like software engineers, teachers, accountants and analysts taking the biggest hit, a survey by a data agency has shown. The Centre for Monitoring Indian Economy has found that 5.9 million (32.6 per cent) of the 18.1 million white-collar jobs...

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Job data hard to gulp? Shut eyes -Basant Kumar Mohanty

-The Telegraph The Centre for Monitoring Indian Economy has estimated the loss of 21 million salaried jobs between April and August, weeks after suggesting that 18.9 million salaried jobs were lost between April and July The Centre has said it does not accept survey data provided by “non-government agencies”, the assertion coming at a time independent agencies have reported enormous job losses in the country while the government has sat tight on...

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6 million white-collar workers lost their jobs during the lockdown -Prashant K Nanda

-Livemint.com * While 5.9 million white collar workers lost their jobs between May-August 2020, over the previous four months ended 30 April, this job loss number stood at 6.6 million when compared with May-August 2019 * Continued curbs and localized lockdowns have hit economic recovery and employment prospects NEW DELHI: Almost six million white-collar workers, including engineers, physicians, teachers, accountants and analysts, lost their jobs between May and August, the Centre for Monitoring...

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‘Lockdown takes toll on 18.9 mn salaried jobs, informal sector shows silver lining’

-The Indian Express The plight of salaried employees has worsened since the lockdown, with a loss of 17.7 million salaried jobs in April, additional 0.1 million jobs in May, followed by gain of 3.9 million jobs in June and then again loss of 5 million jobs in July, it said. New Delhi: Salaried jobs suffered the biggest hit during the lockdown, with total loss estimated to be at 18.9 million during April-July,...

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