'5 million people lost their jobs in October 2021'- CMIE report
- Centre of Monitoring Indian Economy (CMIE) has released monthly data about employment.
- According to it, more than 5 million people were employed in the formal and informal sectors, lost their jobs in October 2021.
- The number of employed people in October was 400.77, which is down from 406.24 million recorded in September 2021.
- Also, the LFPR was 40.66 percent in September and came down to 40.41 percent in October.
- CMIE stated, "The industries sector saw around 7 million people losing their jobs in October as compared to September."
