A Survey Study to Assess the Importance of Job Security in Public and Private Sectors in India in Light of Economic Downturn Caused by Covid-19

Abstract

Covid-19 has proved to be an economic  disruptor of unimaginable proportions. It has brought  to knees many smaller economies and has got worried  even the major ones. The consequential impact of  the same has been losses of jobs and wages across  the world and more so in developing economies like  Indian economy. Such huge magnitude of job loss and  loss in remuneration has led to rise in importance of  the job security in the minds of the employees. This  paper is an attempt to  nd the importance of job  security for public and private sector employees in  India and change in such perception about job security  in view of the lockdowns caused by Covid-19 virus leading to catastrophic impact on Indian employment  market.