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Covid-19 lockdown impact: Unemployment rate rises to 23.4%

Covid-19 lockdown impact: Unemployment rate rises to 23.4%
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Image by Rajesh Balouria from Pixabay

CMIE report says India’s urban unemployment rate soars to 30.9% even as overall rate rises to 23.4%, indicating covid-19’s impact on the economy

Early estimates of jobs data indicate that the coronavirus effect may have left a devastating impact on the economy, sending urban unemployment rate soaring to 30.9%…

To read more:
https://www.livemint.com/news/india/covid-19-lockdown-impact-unemployment-rate-rises-to-23-4-11586202041180.html

SOURCE: LIVE MINT

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