Question #267151
What have been the reasons for employment decline for the Indian economy in the period of the pandemic? Is the decline indicative of a temporary disruption due to the pandemic or do you see a continuity and exacerbation of an already established tendency of jobless growth?
Expert's answer
Social distancing resulted in the job losses, specifically those Indian society’s lower economic strata. Several households terminated domestic help services – essentially an unorganized monthly-paying job. Most Indians spent a large amount of time engaging in household chores themselves, making it the most widely practiced lockdown activity.
We think that the decline is indicative of a temporary disruption due to the pandemic.
