Employment to surpass pre-covid levels in Oct: CMIE
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New Delhi, Oct. 22 -- ) The Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) reported that there will be a rise in employment level in October which will cross pre-covid levels.
"There seem to be good enough reasons to believe that October would also see an expansion in employment. Of course, there is still some catch up to do to match the employment India provided in 2019-20. India provided 406.2 million jobs in September 2021 compared to 408.9 million in 2019-20. But, the prospects of breaching the 2019-20 level are bright," said CMIE.
The report analysed that the increase in employment in construction and food industries seen in September is likely to be more sustainable than the gains seen in August which were essentially in pe...
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