16-April-2024
Economy News
 
India sees job losses as curbs return to check new coronavirus wave
13-Apr-2021

A fresh round of provincial lockdowns to curb the record rise in virus infections is leading to job losses in India, according to the latest employment data by a private research firm. Unemployment touched 8.6% for the week ending April 11, from 6.7% two weeks ago, showed the data by Centre for Monitoring Indian Economy Pvt Ltd. The hit is more severe in urban areas where it’s nearing 10% as local media shows images of workers fleeing cities fearing harsher curbs like last year.

News Source:- https://timesofindia.indiatimes.com/business/india-business/india-sees-job-losses-as-curbs-return-to-check-new-coronavirus-wave/articleshow/82032566.cms