Economic Survey | Different indicators on employment bounce back after dipping in April-June 2020
The Hindu
Employees Provident Fund Organisation (EPFO) data suggests that not only formalisation of jobs continued during second COVID-19 wave, but its adverse impact by far on formalisation of jobs was also much lower than during the first Covid wave
Different indicators on employment have bounced back remarkably after showing a dip during April-June 2020 owing to nationwide lockdown as a result of the COVID-19 pandemic, according to the Economic Survey tabled in Parliament on Monday.
"The various indicators of employment have bounced back remarkably, after showing a decline during the first quarter of 2020-21, during the nationwide lockdown due to Covid pandemic," it said.
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