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21 million jobs added in May

Mahesh Vyas

Although the unemployme­nt charge remained very excessive at 23.5 per cent in May 2020, labour market situations im­proved through the month. The la­bour participation charge and the em­ployment charge improved considerably. The complete variety of individuals employed elevated by 21 million throughout May 2020.

The unemployment charge at 23.5 per cent in May was the identical because it was in April. But, the labour participation charge improved from 35.6 per cent to 38.2 per cent and the employment charge im­professional­ved from 27.2 per cent to 29.2 per cent. While the primary labour market …

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