Overall, there has been a slight jump in the total number of jobs created in 2021-22, which stood at around 1.22 crores, to 1.38 crores in 2022-23
The recovery in employment after the disruptions due to the Covid-19 pandemic restrictions has been “excruciatingly slow” for the salaried class,
Unemployment in the last quarter of 2020 was high compared to that of 2019.
Though consumers had very low confidence about the current situation in July, they had a brighter outlook for the future.
According to the ManpowerGroup Employment Outlook Survey by ManpowerGroup India, hiring is rebounding in Q2 2021 with a net employment outlook of 9%