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Formal job creation dips in August after four bright months

Jobs Dip August

Formal job creation in India slowed in August after remaining buoyant for the previous four months. According to provisional payroll statistics from the National Statistical Office (NSO), compared to 1.82 million in July, net new EPFO subscriber addition decreased by 7.1% to 1.69 million in August. In comparison to 1.58 million in July, the ESIC reported an 8% decrease in net subscriber addition at 1.46 million. Read more

Date: October 26, 2022

Source: The Economic Times

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Romina Gopalan is a top-notch upskilling advisor & content writer. Her areas of expertise include Digital Marketing, Data Sciences, IoT, RPA, and UX/UI writing. Her sharp research and writing skills allow her to identify futuristic opportunities. Thus, helping you understand how you can leverage expertise in any domain.

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