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Gearing up for change: Is India ready for a shifting job landscape?

IPE Global | News | December 29, 2021 IST

Gearing up for change: Is India ready for a shifting job landscape?

India is looking forward to the year 2022 as the year promises to carry the burden of changing realities, aspirations and challenges flourishing in its milieu amidst the pandemic. The past two years spanning the global COVID-19 exigencies have seen increased rates of unemployment the world over, with over 200 million people expected to lose their jobs by 2022. Likewise, India recorded double the unemployment rate in 2020 than the previous years, with data from the Centre for Monitoring Indian Economy (CMIE) reflecting a loss of another 10 million jobs during the second wave of the pandemic, in March-May 2021, alone.

 

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