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Effect of COVID-19 on Unemployment in India

Author

Listed:
  • C Magesh Kumar

    (Annamalai University)

  • K Sujatha

    (Annamalai University)

  • K Rajesh Kumar

    (Annamalai University)

Abstract

The recent outbreak of the COVID-19 pandemic affected the global economy and intensified the unemployment crisis. India is the second most populated country in the world and one of the fastest developing countries. It has a severe unemployment crisis due to the economic burden on Indian businesses in the background of the declining economic situation caused by this pandemic situation. This article examines the effect of COVID-19 on the unemployment situation in India and will provide significant views of the effect on the unemployment rate with some suggestions for policy makers to make their policies to overcome this intense circumstance.

Suggested Citation

  • C Magesh Kumar & K Sujatha & K Rajesh Kumar, 2023. "Effect of COVID-19 on Unemployment in India," Shanlax International Journal of Economics, Shanlax Journals, vol. 11(3), pages 51-55, June.
  • Handle: RePEc:acg:journl:v:11:y:2023:i:3:p:51-55
    DOI: 10.34293/economics.v11i3.6218
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    References listed on IDEAS

    as
    1. Malayaranjan SAHOO & Jayantee SAHOO, 2019. "The relationship between unemployment and some macroeconomic variables: Empirical evidence from India," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(618), S), pages 115-128, Spring.
    2. Rahmiye Figen Ceylan & Burhan Ozkan & Esra Mulazimogullari, 2020. "Historical evidence for economic effects of COVID-19," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 21(6), pages 817-823, August.
    3. repec:agr:journl:v:1(618):y:2019:i:1(618):p:115-128 is not listed on IDEAS
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