Net employment generation in formal sector trebled in February to 8.61 lakh, shows EPFO payroll data
Net employment generation in the formal sector almost trebled to 8.61 lakh in February compared to 2.87 lakh in the same month of last year.
Employment generation in the formal sector increased by 48 percent to touch a 15-month high of 7.32 lakh in November 2018 as compared to 4.93 lakh in the year-ago month, according to the latest EPFO payroll data
During October this year, the maximum number of 2.32 lakh jobs were created in the 22-25 years' age group followed by 2.22 lakh in the 18-21 years' age bracket.
EPFO payroll data: 9.73 lakh jobs created in September, highest monthly addition in one year; 79.48 lakh in last 13 months
During September this year, the maximum number of 2.69 lakh jobs were created in the 18-21 years age group followed by 2.67 lakh in the 22-25 years age bracket.