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High labour supply will lead to drop in wages in urban India: CMIE

High labour supply will lead to drop in wages in urban India: CMIE

The labour participation rate also fell from 42% in the previous week to 41.4% in the latest week and the employment rate fell from 38.4% to 37.8%, CMIE said in its weekly report on Tuesday. June 30, 2020 at 12:57PM

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