in a country lIke india which is facing the problem of massive unemployment what would be the impact of unemployment on the ppc of economy..
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in a country lIke india which is facing the problem of massive unemployment what would be the impact of unemployment on the ppc of economy..
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Early estimates of jobs data indicate that the coronavirus effect may have left a devastating impact on the economy, sending urban unemployment rate soaring to 30.9% . Overall unemployment rose to 23.4%.
The figures, based on the Centre for Monitoring Indian Economy’s weekly tracker survey, have held steady for two weeks now. The latest data for the week ended 5 April was released on Monday evening. CMIE’s estimates on unemployment shot up from 8.4% in mid-March to the current 23%.
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