 "Chhatrapati Shivaji Maharaj Terminus wears a deserted look as Maharashtra Government announced weekend lockdown due to surge in COVID-19 cases in Mumbai, Saturday, April 10, 2021.")
A fresh round of provincial lockdowns to curb the record rise in virus infections is leading to job losses in India, according to the latest employment data by a private research firm.
Unemployment touched 8.6% for the week ending April 11, from 6.7% two weeks ago, showed the data by Centre for Monitoring Indian Economy Pvt. Ltd. The hit is more severe in urban areas where it’s nearing 10% as local media shows images of workers fleeing cities fearing harsher curbs like last year.
Asia’s third-largest economy is potentially on track to regain the second spot from Brazil after adding a record
