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Reason behind unemployment: why rich becoming richer and poor becoming poorer? | The Urban Debate
Posted
September 6, 2021
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13:48Now PlayingOn The Urban Debate with Tanvi Shukla, we discuss the unemployment rate in India. The main reason for the unemployment is due to the cost-cutting by the companies, which have resulted in lots of profit for the big companies and businesses. However, it's the small businesses that have suffered in the pandemic. The unemployment rate is at 8.32% in August, with fifteen lakhs fewer job opportunities in comparison to July. The rich have gotten richer in the pandemic, and the poor have gotten poorer. In today's debate, we explain the reason behind such high unemployment. Watch the debate to know more.
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