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Tuesday, August 25, 2020

Lockdown hit 22% of salaried jobs: Study

The pandemic has had a sharp impact on jobs for the youth while salaried jobs have borne the brunt of the lockdown, according to CMIE surveys. "Cumulatively, between April and July 2020, 11 million jobs were lost compared to the average employment in 2019-20. But job losses in the workforce aged less than 40 were much higher, at 19.6 million," Mahesh Vyas CMIE MD and CEO said.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...