financetom
Economy
financetom
/
Economy
/
COVID-19 blow: 21 million people lost their jobs in 2020, and the crisis continues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
COVID-19 blow: 21 million people lost their jobs in 2020, and the crisis continues
Dec 21, 2020 7:54 AM

The job crisis that began with the sudden lockdown of the economy in March is still playing out.

Share Market Live

NSE

As per Centre for Monitoring Indian Economy (CMIE) reports, twenty-one million salaried and eleven million daily wage laborers lost their livelihoods to the COVID-19 pandemic. CNBC-TV18’s Ritu Singh decodes India’s employment crisis through 2020.

Watch video for more...

(Edited by : Yashi Gupta)

First Published:Dec 21, 2020 4:54 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US housing to get a bit more affordable this year, but mainly due to lower rates: Reuters poll
US housing to get a bit more affordable this year, but mainly due to lower rates: Reuters poll
Feb 28, 2025
By Sarupya Ganguly BENGALURU (Reuters) - Affordability in the U.S. housing market will improve modestly in the coming year, according to property market experts polled by Reuters, based on expectations for a few more interest rate cuts, not an increase in homes available to purchase.  Home prices are set to keep rising modestly this year and next, in forecasts broadly...
New Jersey Opens Door To Cannabis Lounges, Setting Stage For Industry Expansion
New Jersey Opens Door To Cannabis Lounges, Setting Stage For Industry Expansion
Feb 28, 2025
New Jersey is taking a major step forward in its cannabis industry with the official launch of its consumption lounge licensing process. The state's Cannabis Regulatory Commission (CRC) began accepting applications for on-site consumption areas on January 2, 2025, allowing businesses to create designated spaces where customers can legally use cannabis products. This move comes as New Jersey's legal cannabis...
Exclusive-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Exclusive-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Feb 28, 2025
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough. Hammack said her baseline preference is that the Fed...
Exclusive-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Exclusive-Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Feb 28, 2025
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she is disinclined to support an interest rate hike even if inflation pressures do not retreat quickly enough. Hammack said her baseline preference is that the Fed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved