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Department of Commerce

GOVERNMENT CITY COLLEGE, HYDERABAD

(Autonomous)

Affiliated to Osmania University Re-Accredited with 'B++ Grade by NAAC

2022-20

PROJECT REPORT

On

“A STUDY ON COVID-19 IMPACT ON UNEMPLOYMENT IN INDIA”

Submitted in partial fulfilment of requirement of the award of degree In

B.COM (C.A)

BY

SL.NO NAME OF THE STUDENT ROLL NUMBER GROUP SIGNATURE

1. PATHA USHA RANI 1084-20-405-206 BCOM CA


2. PATHI NAVEEN 1084-20-405-207 BCOM CA
3. PAYYAVULA AJAY 1084-20-405-208 BCOM CA
4. PENDEM SUBRAMANYAM. 1084-20-405-209 BCOM CA
5. PIDEM AKHILA. 1084-20-405-210 BCOM CA

UNDER THE GUIDANCE P.Y. LALITHA CHAITANYA Associate Professor In Commerce


Department.
GOVERNMENT CITY COLLEGE HYDERABAD (Autonomous)

Affiliated to Osmania University

Re-Accredited with 'B ++' Grade by NAAC

DEPARTMENT OF COMMERCE

CERTIFICATE

This is to certify the Government City College, Hyderabad, Telangana, Submitted the Project,
“A STUDY ON COVID-19 IMPACT ON UNEMPLOYMENT IN INDIA” as Partial fulfilment of B.COM
(C.A) for the academic year of 2022-2023.

Name of student Roll no. Group


PATHA USHA RANI 1084-20-405-206 BCOM
PATHI NAVEEN 1084-20-405-207 BCOM C
PAYYAVULA AJAY 1084-20-405-208 BCOM CA
PENDEM SUBRAMANYAM 1084-20-405-209 BCOM CA
PIDEM AKHILA. 1084-20-405-210 BCOM CA

INCHARGE DEPARTMENT PRINCIPAL


DECLARATION

We, of Government City College, Hyderabad, Telangana, during the academic year
2020-2023 hereby declares that this is my original work and submitted the project work on
“A STUDY ON COVID-19 IMPACT ON UNEMPLOYMENT IN INDIA” as partial fulfilment of Degree in
B.COM(CA), (E/M) under the guidance of P.Y. LALITHA CHAITANYA

Name of student Roll no. Group

PATHA USHA RANI 1084-20-405-206 BCOM CA


PATHI NAVEEN 1084-20-405-207 BCOM CA
PAYYAVULA AJAY 1084-20-405-208 BCOM CA
PENDEM SUBRAMANYAM 1084-20-405-209 BCOM CA
PIDEM AKHILA. 1084-20-405-210 BCOM CA

Signature of the Supervisor Signature of the Student


Acknowledgement

I,are greatly proud of our GOVT CITY COLLEGE for providing us the needful education. We thank our

principal Dr.P.BALA BHASKAR for encouraging us in the successful completion of the project work.

I,are very Thankful to our Head of the Department Dr. J. RATHNAPRABHAKAR who is our Head of the

Department provided this good project Special thanks for subjecting to make this success under

.his excellence supervision and for this excellent oversight of the project

I owe our grateful acknowledgement to our faculty members, P.Y LALITHA CHAITANYA who gave valuable

suggestions and lab coordinators for providing the lab. We would like to think all friends who gave nice

suggestions throughout our project work


ABSTRACT

Un employment is the Serious problem which is being experienced. By most of the countries throughout

the globe .Unemployment is like a giraffe which is easier to make out than to describe .the past few

years, there has been a slow down in the growth in the employment in India despite the boost in the

economic sector. At the same time due to thisCOVID-19 pandemic lockdown, there had been a

devastating effect on the unemployment rate in India as most of the private companies have fired their

employees. The main suffers of this lockdown are the informal sector employees as the majority of the

started losing jobs since construction works were closed. With no capital, thousands of people deserted

cities, marching to their homeland. The paper aims to delineate the impact of COVID19on

unemployment in our study area.


TABLES OF CONTENTS

CHAPTER NO. CONTENTS PAGE NO:

Chapter 01. INTRODUCTION

Chapter 02. REVIEW OF LITERATURE

Chapter 03. CONCEPTUAL FRAME WORK

Chapter 04 DATA ANALYSIS AND INTERPRETATION

Chapter 05 FINDINGS SUGGESTIONS AND CONCLUSIONS

BIBLIOGRAPHY

ANNEXURE
CHAPTER 1

INTRODUCTION
INTRODUCTION
On 12 January 2020, the WHO confirmed that a novel corona virus was the cause of a respiratory illness

in a cluster of people in Wuhan city, Hubei, China, which was reported to the WHO on 31 December

2019. The covid-19 pandemic in India is part of the worldwide pandemic of corona virus disease 2019

(COVID-19) cause by severe acute respiratory syndrome corona virus 2 (SARS-Cov-2). The first case of

COVID-19 in India, which originated from china, was reported on 30 January 2020. According to World

Health Organization as on 14 August 2020, number of cases of illness due to the COVID-19 virus on

global level has risen up to 2,07,30,456 confirmed cases and 7,51,154 deaths and on a national level

24,61,190 confirmed cases and 48,048 deaths.The rapid spread of the COVID-19 virus throughout a

country has lead to a lockdown and social distancing policy in several countries including India. Due to

the social distancing policy and COVID-19 rapid increase have hit the economy activity o the country as

whole. Business across the world namely hospitality, entertainment, aviation, tourism etc have seen a

major negative impact. Factories, restaurants, pubs, markets, flights, malls, universities, colleges, schools

etc were shut down. The ear of corona virus has limited the movement of individuals. Direct contact in

daily life; including buying and selling transaction have been decreased significantly. These reductions in

business transaction have led to the lay-off of employees and workers. Major reason noted was, due to

the significant decrease in the sales transaction, which are the key income to the business and which

correspondingly led the business unable to pay salaries or wages of employees and workers.The

inefficiency to pay-off the salaries or wages has led to the lay-off which drastically affected the countries

unemployment rate. According to Centre for Monitoring Indian Economy (CMIE) country’s

unemployment rate had spike to 27.11% for the week ended May 3, from 7% before the start of the

pandemic in mid March.


1

The purpose of this project is to find out whether unemployment or lay-off that occurred are influenced

by and are related to the COVID-19 pandemic.

Statement of problem

Based on the topic “COVID-19 impact on unemployment rate in India”, some questions that need to be
revealed in this study are as follows:

• How is the development of COVID-19 outbreak in India?

• How does COVID-19 pandemic affect unemployment in India?

Objectives of the study

In connection with the problem above, the purpose of the research on “COVID-19 impact on
unemployment rate in India” is:

 Knowing the development of COVID-19 outbreak in India.

 Knowing the effects of COVID-19 pandemic on unemployment in India.

Research design

It is a well-established fact that any research has to be validated based on the systematic collection and
analyzing the data. For this study survey method is adopted to collect the primary information from the
people residing in Thrissur using a set of questionnaire. The primary data is collected from 50 people
residing in Thrissur and the secondary data is collected from internet and books

Nature of study

For this descriptive and analytical research method is used. The main objective of descriptive and
analytical studies is to depict accuracy.
2

Nature of data

Primary data and secondary data are used.

Source of data

The primary source of data is through a questionnaire. The secondary data is collected by referring the
internet information and other textbooks are used for the study.

Sample design

A sample design is a definite plan for obtaining a sample from a given population. It refers to the
technique or the procedure adopted in selecting items for the sampling design.

Nature of population

The nature of population is finite.

Sample unit

Sample unit represent people residing in Thissur District.

Method of sampling

The method used for sampling here is convenient sampling. The data is collected through a
questionnaire. Samples are selected from people residing in Thrissur.

Size of sample

sample of 50 people residing in Thrissur has been considered for this study.

Tools for analysis

The tools for analysis used on this study are bar diagrams, percentage analysis, pie charts, line charts and
tabular representation of data.
3

Limitations

• The study is limited to 50 people

.• The interpretation is based on assumption that the respondents have given the correct information.

Chapterisation

CHAPTER 1 : Introduction

CHAPTER 2: Review of literature

CHAPTER 3: Conceptual framework

CHAPTER 4: Data analysis and interpretation

CHAPTER 5: Findings, suggestions and conclusion.


4

Chapter 02

REVIEW OF
LITERATURE
5

Review of literature

A literature review or narrative review is a type of review article. A literature review is a scholarly paper,

which includes the current knowledge including substantive findings, as well as theoretical and

methodological contribution to a particular topic. Literature reviews are secondary sources, and do not

report new or original experimental work. Most often associated with academic-oriented literature, such

reviews are a basis or research in nearly every academic field.

Empherical literature

Arnab Roy (2015) carried out a study on youth unemployment conditions in India. The India is a fastest

economic growing country in world. However, the growths of youngsters’ population were occurred

unemployment. The unemployment is common for both developed and developing countries. The

education level is increased but the skill development is quiet critical subject. The study focuses on youth

unemployment, unemployment trend among youth, problems faced by youth and challenges faced by

youth. For the census of 2011, 28 % of youths were unemployed. More over 93 % of youths are working

in informal sector. The most important point is 40 % of Indian population aged between 13 to 35 years.

The current scenario youth is prone to frustration and lack of interest to do something. The world

development report is report on 2013, 9 % of males and 11 % female youths are unemployed. Finally,

this study concluded that India need to create over one million jobs per annum.

Jabir Hasan Khan & Shemshad (2012) carried out a study on unemployment levels of socio-economic

deprivation in India: A regional prospective. Unemployment is a very important problem compared to

other problems in the world. It is create severe problems like poverty, malnutrition and under nutrition,
7

hunger, houseline’s’, slums and squatter settlements, crimes, child labour, inequality and begging. The

study examine the various forms of unemployment in India to inspect the geo graphical scale of socio-

economic deprivation, to discover the connection between the unemployment (dependent variable) and

socioeconomic variables of deprivation (independent variables) in India. The study area selected from

whole India including union territories. Data collection was carried out from secondary data like census

of India publications New Delhi. The study methodology is test of hypothesis and simple linear

regression model. The results shows the level of unemployment was high in northern parts of India

compared to southern parts of India and the level of socioeconomic deprivation was high in northern

central states.

Jaganath Behera (2013) carried out a study jobless growth in India in 2000’s. This present study mainly

concentrate on growth in output and employment in the post reform era, nature of employment in the

post reform era and relationship between productivity and employment elasticity. The necessary data’s

are carried out from national account statistics (NAS) and national sample survey organization (NSSO).

This study were contains the detail of broad trends of out of the Indian economy and growth in

employment. In India 51 % of population were worked in self-employment, 33 % peoples are causal

labours and 16 % peoples are regular labour. Data was carried out from 66th NSS report. The result

shows thatto increase the national production capacity and increase exports on products.

Ritu & Nareshkumar (2013) carried out a study on trend and pattern of unemployment and inflation in

India. The Indian economy is a third largest economy in the world, at the same time the growth of Indian

economy was very slow. For this situation lot of reasons were takes placed like poverty, unemployment,
8

inflation, fiscal deficit, account deficit and depreciation of rupees value. The Indian population is

increased in the rate of 2.1 % per year. In this study shows India is the second highest unemployment

country in the world after7South Africa. The unemployment rate is 9.8 million in January 2010. It is

increase to 10.8 million after January 2012. The work force is 47.2 crore. In India 52 %, work forces are

self-employed, 18 % of work force is monthly or daily wages employees and 30 % employees are casual

labours. The study focuses on factors affecting inflation like increase in public expenditure, deficit

financing and erratic agriculture growth. Finally, it is concluding that inflation can be control by tight

monetary policy and unemployment can be reducing by expansionary fiscal policy. The trend and pattern

of inflation unemployment was 16.36 % and 11 % (projected values) by 2020.

Elena Philip & Anthonima K. Robin (2015) carried out a study on globalization, employment

unemployment in India. This study based on the analysis of globalization, Indian economy, employment

and unemployment in India. The study focuses on know the conditions of employment in different

sectors and to provide suggestions for employment opportunities. The data collection was carried out

from secondary data. The India having large number of youngsters in world that people’s age is below

40. The employments of those peoples were very difficult. The most of the youngsters from urban and

semi-urban areas is employed, but the people who came from rural areas are still seeking for

employment. This study was carried out the details of statistical reports about agricultural and non-

agricultural employment, surveys on employment and unemployment in past years, employments in

public and organized private sectors in previous years and percentage distributions of workers in

formal/informal employments. From the survey, it is note that India is having 2.8 percentages of open
unemployment and 4.41 percentages of under unemployment. Overall unemployment rate was 7.32

percentages. Finally, there is a need to generate the employment opportunities.

Chapter 3
CONCEPTUAL REVIEW
3.1 Conceptual framework

The state of being without any work yet looking for work is called unemployment. Economists distinguish

between various overlapping types of and theories of unemployment, including cyclical or Keynesian

unemployment, frictional unemployment, structural unemployment and classical unemployment. Some

additional types of unemployment that are occasionally mentioned are seasonal unemployment,

hardcore unemployment, and hidden unemployment.

Though there have been several definitions of "voluntary" and "involuntary unemployment" in the

economics literature, a simple distinction is often applied. Voluntary unemployment is attributed to the

individual's decisions, but involuntary unemployment exists because of the socio-economic environment

(including the market structure, government intervention, and the level of aggregate demand) in which

individuals operate. In these terms, much or most of frictional unemployment is voluntary since it

reflects individual search behavior. Voluntary unemployment includes workers who reject low-wage jobs,

but involuntary unemployment includes workers fired because of an economic crisis, industrial decline,

company bankruptcy, or organizational restructuring.

On the other hand, cyclical unemployment, structural unemployment, and classical unemployment are

largely involuntary in nature. However, the existence of structural unemployment may reflect choices

made by the unemployed in the past, and classical (natural) unemployment may result from the

legislative and economic choices made by labour unions or political parties.

The clearest cases of involuntary unemployment are those with fewer job vacancies than unemployed

workers even when wages are allowed to adjust and so even if all vacancies were to be filled, some
unemployed workers would still remain. That happens with cyclical unemployment, as macroeconomic

Force

10

cause microeconomic unemployment, which can boomerang back and exacerbate those macroeconomic

forces.

Types of Unemployment

Demand deficient unemployment

It occurs when there is insufficient demand in the economy to maintain full employment.

In a recession (a period of negative economic growth) consumers will be buying fewer goods and

services.

Selling fewer goods, firms sell less and so reduce production.

If firms are producing less, this leads to lower demand for workers – either workers are fired, or a firm

cuts back on employing new workers. In the worst case scenario, the fall in demand may be so great a

firm goes bankrupt, and everyone is made redundant. Demand deficient unemployment is associated

with the theory of J.M.Keynes who developed his General Theory of Money (1936) against a backdrop of

the Great Depression. During the Great Depression, unemployment soared in the US due to the collapse

of demand and fall in the money supply.

Problems of Demand Deficient Unemployment

Negative multiplier effect: In many cases, a rise in demand deficient unemployment can further depress

aggregate demand and make the recession worse. Rising unemployment leads to lower demand and

lower economic output, causing a further decline in demand for workers. Furthermore, the rise in
unemployment causes a decline in consumer confidence as households worry that they may be made

unemployed. It can create a cycle of falling demand and rising unemployment.

11

Youth unemployment rates: Unemployment rates amongst young workers often increase the most

during a recession. Older workers may get laid off, but the biggest brunt is borne by young workers who

find firms are not taking on new staff. It is easier for a firm to cut back on hiring new workers than make

existing staff redundant under current labour market legislation.

Hysteresis: Demand deficient unemployment may also lead to a higher rate of long-term unemployment.

When people are made unemployed they may become de-skilled and demotivated. Therefore, they may

find it more difficult to get work in the future. Therefore a period of demand-deficient unemployment

could cause higher structural unemployment and reduce the economies long-term productive capacity.

2. Frictional unemployment

This is unemployment that occurs from the inevitable time delays in finding new employment in a free

market. It may also be called ‘search unemployment’ as it relates to the time taken to search for new

employment.

For example, if you graduate from university, you can’t necessarily expect to find a job straight away

which matches your skills. This period of searching for a job is known as frictional unemployment.

Frictional unemployment will also occur when people are switching between jobs, either because they

have been made redundant or are looking for new employment.


It would generally be classed as voluntary unemployment because workers are choosing to remain

unemployed rather than get the first job that comes along.

12

1. Structural unemployment

Structural unemployment is caused by a mismatch of skills between the unemployed and available

jobs. Structural unemployed is caused by changes in the economy, such as deindustrialisation, which

leaves some unemployed workers unable to find work in new industries with different skill

requirements.

Structural unemployment occurs even during periods of strong economic growth. It is a form of

supply-side unemployment and not insufficient aggregate demand (AD). Policies to reduce structural

unemployment include retraining and geographical subsidies. Fiscal or monetary policy to boost AD

will be ineffective in solving structural unemployment.

Causes of Structural unemployment

Geographical immobility: This occurs when workers are unable to move from areas of high

unemployment to areas with labour shortages. This could occur due to the difficulties of

buying/renting a house. It could also be due to family attachments to their current area. For

example, often there are vacancies in London but unemployment in outlying regions. However, it is

difficult for the unemployed to leave the northeast and find a place to live in London.

Occupational immobility: This occurs after changes in the economy, which lead to shifting demand

for skilled labour. For example, if there is a closure of manufacturing firms, workers with skills for

these types of jobs may struggle to relocate in new industries where very different skills are required
(e.g. IT skills, teaching, accountancy). It takes time for people to retrain and older workers may feel it

is too difficult.

4. Voluntary unemployment

It refers to the situation when the worker deliberately chooses not to work because of a low wage

scale or not able to find out the suitable employment for him.

In other words, the voluntary unemployment is when the person decides not to participate in the

labor market, not because of the unavailability of jobs, but because of not finding the jobs of his/her

choice or is not satisfied with the wage system.

The voluntary unemployment also gets created when the worker is neither willing to work nor

searches for a job, as he is satisfied with the amount given by the government in the form of

unemployment benefits. High-income tax rates could also be one of the reasons behind a worker not

choosing to work.

The lack of job information can lead to the unemployment. Such as first-time job seeker might not

have sufficient information about the nature of a job and decides to remain unemployed until the

time he gets the desired opportunity. Frictional unemployment is also a form of voluntary

unemployment wherein the worker deliberately leaves his job in the search for better job pursuits.

Most of the times the unemployment is involuntary caused due to Socio-economic factors such as

aggregate demand, market structure, government intervention, technological advancement, etc. The
involuntary unemployment is therefore beyond the worker’s control and unlike voluntary

unemployment, it is not explicit to an individual.

Main Causes of Unemployment in India

15

1.Cast system: In India caste system is prevalent. The work is prohibited for specific castes in some

areas. In many cases, the work is not given to the deserving candidates but given to the person

belonging to a particular community. So this gives rise to unemployment.

2. Slow economic growth: Indian economy is underdeveloped and role of economic growth is very

slow. This slow growth fails to provide enough unemployment opportunities to the increasing

population.

3. Increase in population: Constant increase in population has been a big problem in India. It is one of

the main causes of unemployment. The rate of unemployment is 11.1% in 10th Plan.

4. Agriculture is a seasonal occupation: Agriculture is underdeveloped in India. It provides seasonal

employment. Large part of population is dependent on agriculture. But agriculture being seasonal

provides work for a few months. So this gives rise to unemployment.

5. Joint family system: In big families having big business, many such persons will be available who do

not do any work and depend on the joint income of the family. Many of them seem to be working but

they do not add anything to production. So they encourage disguised unemployment

6. Fall of cottage and small industries: The industrial development had adverse effect on cottage and

small industries. The production of cottage industries began to fall and many artisans became

unemployed.
7. Slow growth of industrialization: The rate of industrial growth is slow. Though emphasis is laid on

industrialization yet the avenues of employment created by industrialization are very few.

8. Less savings and investment: There is inadequate capital in India. Above all, this capital has been

judiciously invested. Investment depends on savings. Savings are inadequate.

16

Due to shortage of savings and investment, opportunities of employment have not been created.

9. Causes of under unemployment: Inadequate availability of means of production is the main cause of

under employment. People do not get employment for the whole year due to shortage of electricity, coal

and raw materials.

10. Defective planning: Defective planning is the one of the cause of unemployment. There is wide gap

between supply and demand for labour. No Plan had formulated any long term scheme for removal of

unemployment.

11. Expansion of universities: The number of universities has increased manifold. There are 385

universities. As a result of this educated unemployment or white collar unemployment has increased.

12. Inadequate irrigation facilities: Even after the completion of 9th five plans, 39% of total cultivable

area could get irrigation facilities. Due to lack of irrigation, large area of land can grow only one crop in a

year. Farmers remain unemployed for most time of the year.

13. Immobility of labour: Mobility of labour in India is low. Due to attachment to the family, people do

not go far off areas for jobs. Factors like language, religion, and climate are also responsible for low

mobility. Immobility of labour adds to unemployment.

Impact of Unemployment on economy


1. Exploitation of labour: Due to unemployment labourers are exploited. They have to accept low wages

and work under un-favourable conditions.

2. Industrial disputes: Industrial disputes arise because of unemployment. It has adverse effects on

employer-employee relations. Due to industrial disputes, the unemployment rises.

17

3. Political instability: There is political instability in the country due to unemployment. Unemployed

persons engage themselves in destructive activities. They consider Government, worthless. Economic

development becomes difficult under conditions of political instability.

4. Social problems: Many social evils like dishonesty, gambling and immorality etc. arise due to

unemployment. It endangers law and order situation of the country. It causes social disruption in the

society.

5. Increase in poverty: Under the situation of unemployment a man has no source of income.

Unemployment causes poverty. Burden of debt increases, Economic problems increase.

6. Loss of human resources: Due to unemployment, human resources go waste. No constructive use of

labour force is made. If human resources are properly used, economic growth of the country will

increase.

Other impact of unemployment

• The government suffers extra borrowing burden because unemployment causes a decrease in the

production and less consumption of goods and services by the people.

• Unemployed persons can easily be enticed by antisocial elements. This makes them lose faith in the

democratic values of the country.


• Unemployment affects the economy of the country as the workforce that could have been gainfully

employed to generate resources actually gets dependent on the remaining working population, For

instance, a 1 % increase in unemployment reduces the GDP by 2 %.

• It is often seen that unemployed people end up getting addicted to drugs and alcohol or attempts

suicide, leading to losses to the human resources of the country.

Chapter 4
DATA ANALYSIS AND
INTERPRETATION
Data analysis and Interpretation

Data analysis is a process of inspecting, cleansing, transforming, and molding data with the goal of

discovering useful information, conclusion and supporting decision-making. In today’s business, data

analysis is playing a role in making decision more scientifically and helping the business achieve effective

operation.

Data interpretation refers to the implementation of processes through which data is received for the

purpose of arriving at an inference. The interpretation of data assigns a meaning to the information

analyzed and determines its signification and implementation.

The importance of data interpretation is evident and this is why it needs to be done properly. That is to

say, the nature and goal of interpretation will vary from business to business, likely correlating to the

type of data being analyzed. For carrying out any study the importance aspect that researcher need to

look after in relation to any research is with respect to findings of research based upon the objectives of

study. On the basis of this aspect appropriate analysis has been undertaken in order to achieve the

conclusion of research based upon the objective.


Chapter 5
FINDING SUGGESTIONS AND
CONCLUSION
Findings

It is revealed that when the global economy is on a slowdown mode no emerging economy can grow at

its normal pace. The Indian economy was grappling with its own issues and COVID-19 made the matters

worse. The industry was facing demand problems, due to which business houses were reluctant to

undertake capex plans, unemployment was at its peak and exports which were consistently down for

several months. India has the problem could be more acute and long lasting , the economy was in

parlous state due to Covid-19 struck. Due to the measures adopted to prevent the spread of the

Coronavirus Disease 2019 (Covid-19), especially social distancing and lockdown, non-essential

expenditures are being postponed. This is causing aggregate demand to collapse across the India. In

addition to the demand reduction, there will also be widespread supply chain disruptions, as some

people stay home, others go back to their villages, imports are disrupted, and foreign travel is stopped.

This will negatively affect production in almost all industries. Gradually the shock will spread to

manufacturing, mining, agriculture, public administration, construction – all sectors of the economy. This

will adversely affect investment, employment, income, and consumption, pulling down the aggregate

growth rate of the economy. Like India, several international economies are becoming cognizant of the

risk they face by being overly dependent on one market.

✓ 40% of respondents belongs to the age group of 23-26.

✓ Both male and female occupy equal percentage.

✓ In this project 33% of the respondents are currently unemployed.


✓ It is found that 46% the respondent where not able to continue learning or working from home during

the pandemic days.

✓ It is found that 40% of the respondents were unemployed at the time of COVID-19 pandemic.

✓ 42% of the respondent where strongly agreeing that they were concern about the employment status

in the wake of COVID-19 pandemic scenario.

✓ Majority agree to the statement that there was an increase on unemployment due to COVID-19

pandemic.

✓ Majority feels there is a severe job crisis in the economy.

✓ Majority of the respondent feels worthless and will not be happy in doing day-to-day activities if they

are unemployed.

✓ 72% of respondent feel there is a tight competition in the job market after the lockdown.
Suggestions

The rapid spread of COVID-19 cases has a huge impact on unemployment because companies could not

pay salaries or wages to employees. If the spread continues to increase, the number of layoff cases that

will be suffered by people will also increase. Therefore, the community is expected to stay indoors and

carry out social distancing and other policies at thier best as what has been recommended by the Indian

government.

✓ As most of them are concerned about their work and will feel worthless and unhappy while doing the

day to day activities when they are unemployed there must be steps taken to reduce the unemployment

rate.

✓ Some of the steps which can reduce the unemployment are, by developing/improvising the skills and

by enhancing the educational standards

✓ In addition, the government should also be more serious in handling COVID-19 cases so that they can

be overcome faster.
Conclusion

1.The COVID-19 case that first appeared on January 12, 2020 in India has increased its number

significantly and has spread to almost all provinces in India. Even though vaccines have reached and

there are still cases seen.

2.The trend between COVID-19 and unemployment shows the same direction. The higher the number of

COVID-19 cases in India, the higher the number of workers affected by layoffs due to the COVID-19

pandemic. It can be concluded that COVID19 pandemic has an effect on unemployment.


Chapter 5
BIBLIOGRAPHY
Bibliograph

Journals:

Bashir Ahmad Sofi & Effat Yasmin (2011)

Jabir Hasan Khan & Shemshad (2012)

Sanjay Kumar (2012)

Ritu & Nareshkumar (2013)

Jaganath Behera (2013)

Kiran .R & Subashini .K (2014)

Arnab Roy (2015)

Elena Philip & Anthonima K. Robin (2015)

Website:

https://www.slideshare.net/

https://www.researchgate.net/publication/341488867_THE_INFLUENCE_OF_COVID-
19_ON_UNEMPLOYMENT_IN_INDIA

https://www.economicshelp.org/

https://www.thehindu.com/
https://www.who.int/

https://unemploymentinindia.cmie.com/

Chapter 6
ANNEXURE

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