Posted inIndia

Jobless rate rides high on India’s second Covid wave

India’s Covid-19 second wave is now fueling unemployment with many states announcing localized lockdowns to battle burgeoning cases. Unemployment rose to a four-month high of 7.97% in April, from 6.5% in March and 7.5 million people lost their jobs during the period, says the Center for Monitoring Indian Economy, a privately run think-tank. On Saturday, […]