News: Organized sector creates 1.36 lakh jobs in 3 months

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Organized sector creates 1.36 lakh jobs in 3 months

Out of the total estimated change in Employment of 1.36 lakh, Female workers accounted for a change of (+) 74 thousand and Male workers accounted for a change of (+) 62 thousand.
Organized sector creates 1.36 lakh jobs in 3 months

Job employment in some specific segments has seen an upswing trend in the country. According to the Ministry of Labour and Employment, a total of 1.36 lakhs of jobs were created during the period of July 2017 to September 2017. 

Labour Bureau has been conducting the Quarterly Employment Survey (QES) since April 2016 with the objective of measuring the relative change in employment situation over successive quarters in a sizeable segment of Non-farm Industrial economy covering 8 major sectors viz. Manufacturing, Construction, Trade, Transport, Education, Health, Accommodation & Restaurants and IT/BPO.  Establishments having 10 or more workers are covered in this survey. These 8 sectors constitute around 81% of the total employment of units with 10 or more workers (Organized sector) in the Sixth Economic Census (6th EC).

Out of the total estimated change in Employment of 1.36 lakh, Female workers accounted for a change of (+) 74 thousand and Male workers accounted for a change of (+) 62 thousand. The number of Regular workers also marked a significant positive change of 65 thousand followed by a positive change of 44 thousand and 23 thousand in Contract and Casual workers respectively.

The report highlights that there was an overall robust positive change of 1.36 lakh workers over the previous quarter i.e. 1st October 2017 over 1st July 2017, across 8 sectors at all India level with an increase of 2.5 percent in comparison to previous year. 

The sectoral break up revealed that during the quarter there were positive changes in 7 out of 8 sectors viz. 89000 jobs were created in the manufacturing sector, 21000 in education sector 20000 in the transport sector, 14000 in the trade sector, 11000 in the health sector, 2000 in accommodation & restaurant sector, 1000 in IT/BPO sector and there was a loss of 22000 jobs in the construction sector during the mentioned quarter. 

It can be noted that the QES does not capture the employment data from new enterprises which emerged after the 6th Economic Census. The Fieldwork for 6th EC was conducted during January 2013 to April 2014. Effectively the QES is covering employment trends in establishments having an employment size of about 2.40 crore workers only, against the 47 crore or more workers in the total workforce.

 

  

 

Topics: Jobs, Recruitment

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