Source | economictimes.indiatimes.com
During May-August 2019, an estimated 404.9 million people were employed in India. This meant that 2.5 million more people were employed during this period compared to a year ago, when employment was of the order of 402.4 million, according to a CMIE survey.
“This is a healthy sign because during the preceding two May-August periods, employment had fallen in similar year-over-year comparisons. Employment during May-August 2018 was 5.5 million lower than it was in May-August 2017 which, in turn, was 0.6 million lower than it was in May-August 2016,” said Mahesh Vyas, CEO of CMIE.