Insights into Editorial: When global firms disengage, employment suffers
Context: The most recent labour statistics, for August 2021, released by the Centre for Monitoring Indian Economy (CMIE) shows that the unemployment rate has increased from around 7% in July to 8.3% for August 2021. In absolute terms, employment shrunk from 399.7 million in July to 397.8 million, that is, 1.9 million jobs …
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