Answer to Question #267151 in Economics for lex

Question

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?

Answer 1

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.