6.6 mn white collar professional jobs lost during May-August: CMIE

An estimated 6.6 million white collar professional jobs, including engineers, physicians, teachers, were lost between May and August, bringing their employment to the lowest level since 2016 and wiping out the gains made over the last four years while five million industrial workers were out of work during the period, the Centre for Monitoring Indian Economy said.

According to CMIE weekly analysis based on the data from the 20th wave of CMIE’s Consumer Pyramids Household Survey released every four month, the biggest loss of jobs among salaried employees was of white-collar professional employees and other employees.

These include software engineers, physicians, teachers, accountants, analysts and the type, who are professionally qualified and are employed in some private or government organisation. This, however, does not include qualified self-employed professional…

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