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India’s June Employment Lowest In Last One Year, Says CMIE

Overall, employment fell by 13 million to 390 million in June, against a gain of 8 million jobs in April and May, according to CMIE data. While around 13 million lost jobs during the month, the count of the unemployed increased by only 3 million as the rest exited the labor market, wrote Mahesh Vyas, managing director at CMIE, in an article published on Business Standard newspaper Tuesday.

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