India’s June employment lowest in last year, CMIE says

Overall, employment fell by 13 million to 390 million in June, against a gain of 8 million jobs in April and May, according to CMIE data. While about 13 million lost their jobs during the month, the number of unemployed increased by only 3 million as the rest left the labor market, wrote Mahesh Vyas, CEO of CMIE, in an article published in the newspaper Business Standard on Tuesday.

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