NEW DELHI : Job creation numbers plummeted further in February, making it the worst month for employment in 2019-20.
This not only reflects the early impact of covid-19 on businesses, but is also indicative of a far worse situation the March and April numbers will be throwing up in view of the nationwide lockdown.
Around 691,277 people joined the formal workforce in February, against 811,851 in the previous month, the payroll data showed on Tuesday.
According to government payroll data collected through its retirement fund manager, the Employees’ Provident Fund Organization (EPFO), October was the worst month in terms of job creation with 722,401 people joining the workforce before February.