About 34% of families in the Rs 35,000 to Rs 50,000 income bracket saw a decrease in their monthly income and 51% had no change in their income
The recovery in employment after the disruptions due to the Covid-19 pandemic restrictions has been “excruciatingly slow” for the salaried class,
Over 85% felt slump in manufacturing sector also causing unemployment
The central board of EPFO has decided 8.5% interest rate for FY 21.
The rate of unemployment shot up once again in August, and the total number of employed people fell to 39.77 crore from 39.93 crore in July.
There is an addition in net payroll in each month of the financial year 2020-21, except for the months of April and May 2020
With declining sales threatening many businesses' existence, several have already laid off a portion of their personnel or are in the process of doing
According to CMIE estimates, as many as 2.53 crore jobs were lost between February and May
The labour participation rate, or the percentage of the working-age population which is in the market, has come down to 40% as of now from the pre-pan
As the nation — government, economists and the opposition — keep discussing the possible theories of emerging from the slowdown, here are the A, B