The economic downturn is alarming, with 35 million people being jobless in just one sector

New Delhi, November 20, 2019, Wednesday

The economic slowdown was slowing down in the country. It was found that large companies were taking on freshers by giving away senior and experienced employees.

According to a survey, a total of 35 lakh people lost their jobs in the manufacturing sector from 2014 to present. Despite rising GDP, unemployment does not decrease. Looking at the statistics from the last few years, it is understood that unemployment was on record.

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The leading IT companies, auto companies and banks were looking for ways to get rid of employees. Particularly intermediate-phase and senior-level employees were more at risk.

Nearly every quarterly reports were reported that unemployment was steadily rising and the economic downturn was waning. This situation was creating chaos and crime.