Over 500,000 people were rendered jobless between October to December 2008 due to the recession, according to the latest government study.
The findings are part of a first of its kind survey conducted by the Labour Bureau of ministry of Labour and Employment as part of a study on the effect of economic slowdown on employment in India.
A sample size of 2,581 units covering 20 centres across 11 states was taken up for the survey.
Sectors which are affected most are
- Textile and garment industry
- Metals and metal products
- Information technology and BPO
- Gems & jewellery
- Construction and
- Mining industries
The total employment in all these sectors had come down from 16.2 million in September 2008 to 15.7 million by December