But, the recovery was incomplete because the employment rate, which is the working age population that is employed, never repaired with its pre-Covid levels
Tamil Nadu on Tuesday received investment commitments to the tune of Rs 28,508 crore from 49 companies across various segments that will create 83,482 jobs in the state.
The index of consumer sentiments fell by 1.5 per cent in June 2021 after having fallen by 10.8 per cent in May and 3.8 per cent in April 2021
India's problem is less with the unemployment rate and much more with the labour participation rate and the employment rate. The lasting impact of Covid is a much smaller worker participation rate
Survey makes a case for tech-driven tailored approach, rather than one-size-fits-all process.
It is possible that the mobility indices have moved because of the relaxations. Labour participation rates have improved
Rate for the week to June 13 fell to 8.7% from 13.6% a week ago, data from Centre for Monitoring Indian Economy showed.
The survey was conducted through interviews on the phone from April 29 to May 10 in 13 major cities
The recovery cannot be investments-led because most enterprises are nursing excess capacities
Net job creation in the economy fell by 16.9 lakh in FY21 over the previous fiscal, shows an SBI Research analysis of EPFO payroll data.
The unemployment rate touched 14.5 per cent in the week ended May 16, 2021
Between March and May, Dunzo riders delivered over 20,000 orders to hospitals alone.
Decline in income and employment will increase hardship
Manufacturing accounts for nearly 17% of India's GDP, but the sector has seen employment decline sharply in last 5 years - from employing 51 million Indians in 2016-17 to reach 27.3 million in 2020-21
Consumer sentiments have been battered particularly badly during the last three weeks
Unemployment increased to 7.97% from 6.5% in March, with more than seven million jobs lost last month, according to data from Centre for Monitoring Indian Economy
Low employment rates and low labour participation rates leave enough people free to participate in endless political rallies and mammoth religious congregations
Women cooks, who used to earn a living by preparing food at marriage hall kitchens in Aurangabad, have been severely affected by the Maharashtra government's new order
Firms risk losing talent to more environmentally sustainable peers amid changing consumer sentiment
Shortcomings such as delayed payments must be fixed