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Job Synopsis

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CMIE SYNOPSIS   27 million youth in age group of 20-30 years lost jobs in India. Centre for Monitoring Indian Economy on Tuesday said 27 million youth in the age group of 20-30 years lost their jobs in 2020 following a nationwide  lockdown  to prevent the spread of Covid-19.

JOB CRISIS

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Around  136 million  jobs at risks in Corona virus epidemic in India. There was tsunami of jobs losses for employees that do not have regular salary and not a proper written contract. In tourism industry there will be no tourist till this year and this is  only sector that gives the employment.The drivers ,cleaners,restaurants are highly effected by CORONA Virus. About  9 million jobs  reduced from various sectors such as manufacturing of electronics , clusters , metals , plastic , rubber and automobile. This will directly effect the country's economy as well as mental health to the workers or labours. India needs to create nearly 9 million job every year to overcome from this Job crisis . Tech company gains the high jump in their business , as the world shifting increasingly to digitally. People may get jobs available and strong demand for these Tech companies.