Travel, Tourism Jobs Are Back; 20.7 Million Employed In Dec Quarter: CMIE

India’s job market is on a road to recovery, with most of the sectors restoring many jobs that were lost due to coronavirus pandemic-led nationwide lockdown, raising hopes that the worst may be over. Mitigating the impact of lockdown, most of the sectors, including agriculture, services, real estate and construction, have seen some recovery in terms of employment, but jobs have moved from higher labour productivity sector to those with low productivity, says private think-tank CMIE.

“Jobs have moved from those sectors that have higher labour productivity such as manufacturing and also services to those with low productivity such as in agriculture and construction,” says Mahesh Vyas, CEO of Centre for Monitoring Indian Economy (CMIE).

Source: Business Today

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