Rise in demand for blue collar jobs

Blue-collar workforce management firm Betterplace Safety Solutions has found that demand for and onboarding of workers rose in April and May this year. Bengaluru-based Betterplace, supplies blue-collar workers to large companies like Amazon, Flipkart, Ola, Dunzo, Swiggy, L&T, and said that they have on-boarded 1.15 lakh workers each in April and May this year. It added that demand for jobs reached a whopping 14.2 lakh in May across the country.

The latest CMIE report, however, had found that India lost as much as 25.3 million jobs since January — 2.5 million in February, 0.1 million in March, 7.4 million in April and 15.3 million in May—taking the unemployment rate to 11.9% in May. It was also found that the 30-day moving average unemployment rate as of June 6 was 13% and the labour participation rate that had dropped to 39.7%.