Jobs revival halts, employment declines again in November

New Delhi, Dec 10 : India’s employment scenario, which witnessed a revival in the past few month post a lockdown-induced setback, has again witnessed a dip in November.
Data by the Centre for Monitoring Indian Economy (CMIE) showed that November was the second consecutive month of contraction in the number of people employed.
“In October, the count of the employed had fallen by 0.1 per cent. In November, the fall was larger at 0.9 per cent,” CMIE said.
The decline in October was of 0.6 million. In November, this was much larger at 3.5 million.
The data noted that the recovery in employment, from the steep fall during the April lockdown was smart initially but it slowed down well before the recovery was completed.
In fact, the recovery quickly and progressively slowed down in July, August and September. Then, it reversed in October and November.