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With coronavirus cases soaring in March, India went into a stringent lockdown beginning March 25 to curb infections, triggering misery and mass unemployment.(REUTERS)

July job loss rate at pre-Covid levels

Livemint | By Prashant K Nanda, New Delhi
PUBLISHED ON AUG 05, 2020 03:12 AM IST
India’s overall unemployment rate fell to 7.43% in July from 10.99% in June, and even lower than the March figure of 8.75%, according to a survey by the Centre for Monitoring Indian Economy (CMIE).
A community kitchen run by Parmarth Samaj Sewi Sansthan distributes food and water to migrant workers on Jhansi border.(Photo courtesy: Sanjay Singh)
A community kitchen run by Parmarth Samaj Sewi Sansthan distributes food and water to migrant workers on Jhansi border.(Photo courtesy: Sanjay Singh)

Covid-19 could kill more through hunger, 122 million more may be pushed to starvation: Oxfam

Hindustan Times, London | By Prasun Sonwalkar | Posted by Kanishka Sarkar
UPDATED ON JUL 09, 2020 06:51 AM IST
India may emerge as one of the epicentres of hunger owing to the social and economic fallout from the Covid-19 pandemic, charity group Oxfam says in a new report.
Pedestrians pass retail outlets on Lower Goat Lane in Norwich, UK on June 9, 2020.(Bloomberg)
Pedestrians pass retail outlets on Lower Goat Lane in Norwich, UK on June 9, 2020.(Bloomberg)

UK jobless claims double to almost 3 million amid Covid-19 lockdown

By Bloomberg | Posted by Kanishka Sarkar
UPDATED ON JUN 16, 2020 01:50 PM IST
Early estimates based on United Kingdom’s tax records show the number of employees fell 163,000 in May from April, a decline of 0.6%.
After the stock market crash of 1929, the suicide rate in the United States (US) rose 50%; to 18.1 per 100,000 from the 12.1 per 100,000 from 1920 to 1928 and stayed at 15.4 per 100,000 between 1930 and 1940. In 2008, researchers from the University of Oxford and the London School of Hygiene & Tropical Medicine noted an extra 10,000 “economic suicides” across the US, Canada and Europe, due to the financial crisis(AP)
After the stock market crash of 1929, the suicide rate in the United States (US) rose 50%; to 18.1 per 100,000 from the 12.1 per 100,000 from 1920 to 1928 and stayed at 15.4 per 100,000 between 1930 and 1940. In 2008, researchers from the University of Oxford and the London School of Hygiene & Tropical Medicine noted an extra 10,000 “economic suicides” across the US, Canada and Europe, due to the financial crisis(AP)

Covid-19: India is staring at a mental health crisis

By Nelson Vinod Moses
PUBLISHED ON MAY 07, 2020 03:49 PM IST
The social and economic fissures exposed by the pandemic will result in unemployment, depleted social safety nets, starvation, among other things. This post-Covid landscape will be a fertile breeding ground for an increase in chronic stress, anxiety, depression, alcohol dependence, and self-harm.
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