Impact of Covid-19 on Unemployment
The Covid-19 outbreak is likely to have a long-lasting impact on India’s labour market. Job losses have started hitting the gig economy with a sharp rise in Covid-19 cases during the second wave. A private research report suggests that the unemployment rate has started rising since April.
How second wave of COVID-19 has decimated India’s rural economy
Migrant workers returning home in packed trains due to Covid-19 restrictions. The restrictions have forced migrant workers to return home.
COVID-19 impact on unemployment rate in India 2020-2021. … This was possibly a result of a decrease in demand as well as the disruption of workforce faced by companies.
Covid-19: How 2nd wave has impacted jobs, household incomes
The unemployment rate had touched a record high of 23.5 per cent in May 2020 because of the national lockdown. Many experts opine that the second wave of infections has peaked and states will slowly start to ease the economic activity-impacting restrictions in a calibrated fashion.