Covid hits economy: Labour participation falls, unemployment rises

As restrictions become tighter across states to prevent rising Covid-19 cases, several key economic indicators like production, sales, labour participation and employment have fallen.

The second wave of Covid-19 has already triggered a health crisis in the country and may soon derail all efforts undertaken to revive the economy. As restrictions become tighter across states to prevent rising Covid-19 cases, several key economic indicators like production, sales, labour participation and employment have fallen.