The Unemployment Masked by Employment Figures
Salaried jobs in July have gone down from April. As a result, the number of safer and better jobs is lower than what it was during the lockdown.
Close to 120 million people lost their jobs between March and April due to the lockdown. In July, 110 million people found work again. However, the story of unemployment is hidden in this employment figure, as most of the new jobs are in agriculture, which has a lot of disengaged unemployment. In addition, salaried jobs in July have gone down from April. As a result, the number of safer and better jobs is lower than what it was during the lockdown.
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