Facebook Twitter Instagram
    Facebook Twitter Instagram
    India taza
    Subscribe
    • Home
    • Rh Rooftop Restaurant
    • International
    • Social
    • Tips
    India taza
    International

    Lost jobs due to Covid-19 Over 1.89 crore people

    India TazaBy India TazaAugust 20, 2020Updated:December 29, 2022No Comments3 Mins Read
    Five months ago:- Uncertain things are happening people lost jobs due to Covid. The CORONAVIRUS epidemic has broken the back of the working class. It shows between April and July, 2.67 crore people lost their jobs.  Among them, most of the people who lost their jobs belong to the salaried class.
     
    According to the Centre for Monitoring Indian Economy (CMIE) data, around 1 crore 77 lakh employed people lost their jobs in the month of April while on the other side around 1 lakh became unemployed in May. While in the month of June around 39 lakh new jobs arrived but in July again 50 lakh jobs were lost. Hence, between April and July 1.89 crore, people with Jobs lost their jobs.

    Lost jobs due to Covid

     
    In this pandemic situation companies from different sectors cut their employee’s salaries or send them on leave without pay.
     
    However, the number of people working in the unorganized sector has increased by 2.5 % in a year. From the report, it also seems that in July last year, 31 crores 76 lakh people working in the unorganized sector. But now this year in July the number has jumped to 32 crores 56 lacks. This means within the number of people working in the unorganized sector has increased by 2.5 %.
     
    Lost jobs due to Covid
    Lost jobs due to Covid
     
    According to the CMIE report, it has been said that small businessmen, hawkers, and daily laborers were severally hit badly in this epidemic. Around 9 crore 12 lakh people belonging to the sections also lost their jobs in April while in this month 12 crore of 15 lakh jobs were lost from all sectors.
     
    The Shares of small businessmen, daily workers, and hawkers are around 32% of the total jobs, but around 75% of the jobs lost in April belong to the section. At the same time the shares of the salaried jobs category in total jobs are 21% and in the month of April sector lost 15% of jobs.
     
    The world is facing the biggest economic crisis after the second world war now due to the spread of infection. Both the IMF and the World bank anticipate that the world economy may decline from 4-5% in the current financial year while talking about India the Indian economy is projected to decline by 3.2 %.
     
    Rahul Gandhi Congress leader Tweeted the CMIE report and said that in the last four months around 2 crore people have lost their jobs. He said that the future of 2 crore families is in darkness. Spreading false news and hatred on Facebook the truth about unemployment and the economy cannot be hidden from the country.

    covid Lost jobs Lost jobs due to Covid
    India Taza
    • Website

    Related Posts

    Chennai Super Kings test COVID-19 positive

    December 27, 2022

    Jeff Bezos net worth of $200 billion.

    December 27, 2022

    Train Ticket booking to become expensive.

    December 26, 2022

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    • Terms and Conditions
    • Privacy Policy
    • Disclaimer
    • Quotes – Recent Updates
    Facebook Twitter Instagram Pinterest
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.