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1.5 million jobs lost in first four months of 2017

Number of employed people down to 405 million from 406.5 million in September-December 2017

Mahesh Vyas 

About 1.5 million jobs were lost during January-April 2017. The estimated total employment during the period was 405 million compared to 406.5 million during the preceding four months, September-December 2017.   These estimates are based on consecutive Waves of CMIE's Consumer Pyramids Household Surveys (CPHS). These are all-India household surveys over a sample size of 161,167 households that included 519,285 adults. The most recent Wave was conducted over the four month period January through April 2017. This was the first complete Wave post demonetisation. Demonetisation began ...

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