News: Top eight sectors show slowest job growth in Q1

Talent Acquisition

Top eight sectors show slowest job growth in Q1

A labour ministry report, which is the first official survey on employment generation in 2013-14 has said 86,000 new jobs were created in the first quarter of the fiscal in eight key sectors including IT, automobiles and textiles, ET reported. It is just marginally higher than the 73,000 jobs created between April and June 2012. Earlier data shows 1,68,000 jobs were added in these sectors between July and December 2012, another 1,07,000 jobs were created between January and March 2013, the report added.

A labour ministry report, which is the first official survey on employment generation in 2013-14 has said 86,000 new jobs were created in the first quarter of the fiscal in eight key sectors including IT, automobiles and textiles, ET reported. It is just marginally higher than the 73,000 jobs created between April and June 2012. Earlier data shows 1,68,000 jobs were added in these sectors between July and December 2012, another 1,07,000 jobs were created between January and March 2013, the report added.

The Labour Bureau conducts a quarterly survey of eight employment intensive sectors including textiles including apparel, leather, metals, automobiles, gems and jewellery, transport, IT/BPO, handloom and powerloom. The surveys were started in January 2009 to assess the impact of the global financial crisis on the Indian economy. While textiles recorded the highest job creation of 88,000 in the first quarter, sectors of metals and transport laid off 38,000 and 2,000 workers each.

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Topics: Talent Acquisition, #Updates, #Jobs, #Hiring

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