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Generation of jobs in 8 key sectors hit six-year low in 2015
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
Written by Aanchal Magazine | [SOURCE]
New jobs in eight sectors of the economy — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom — fell to a six-year low of 1,35,000 in 2015 as against 4.21 lakh jobs in 2014 and 4.19 lakh jobs in 2013. This is also the worst record of new jobs in October-December quarter in last six years, registering a decline of 20,000 compared with a rise of 1.17 lakh jobs in the same period in 2014, the latest Labour Bureau data shows.
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
In October-December, the highest decrease in employment was seen in the IT/BPO sector by 14,000, followed closely by 13,000 in automobiles sector, 12,000 in metals, and 8,000 in gems and jewellery sector. Textiles including apparels was the only sector which showed an increase in jobs, having registered 37,000 jobs in the October-December quarter.
New jobs in eight sectors of the economy — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom — fell to a six-year low of 1,35,000 in 2015 as against 4.21 lakh jobs in 2014 and 4.19 lakh jobs in 2013. This is also the worst record of new jobs in October-December quarter in last six years, registering a decline of 20,000 compared with a rise of 1.17 lakh jobs in the same period in 2014, the latest Labour Bureau data shows.
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
In October-December, the highest decrease in employment was seen in the IT/BPO sector by 14,000, followed closely by 13,000 in automobiles sector, 12,000 in metals, and 8,000 in gems and jewellery sector. Textiles including apparels was the only sector which showed an increase in jobs, having registered 37,000 jobs in the October-December quarter.
In 2015, contractual employment decreased by 32,000 as against an increase of 1.36 lakh jobs in 2014, while direct employment increased by 1.67 lakh, but was sharply down from 2.85 lakh jobs in 2014. Direct employment was hit the most in gems and jewellery sector in 2015, decreasing by 11,000, while the highest increase was seen in IT/BPO sector by addition of 74,000 jobs.
Employment in the exporting units increased by 44,000 in October-December 2015, while employment in non-exporting units decreased by 64,000. In 2015, employment in the exporting units increased by 1.22 lakh whereas in the non-exporting units, the same increased by 13,000.
The Labour Bureau released the Quarterly Report on Changes in Employment in Selected Sectors, the 28th in the series which the Bureau had started in January 2009 to assess the changes in employment in eight sectors — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom.
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
Written by Aanchal Magazine | [SOURCE]
New jobs in eight sectors of the economy — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom — fell to a six-year low of 1,35,000 in 2015 as against 4.21 lakh jobs in 2014 and 4.19 lakh jobs in 2013. This is also the worst record of new jobs in October-December quarter in last six years, registering a decline of 20,000 compared with a rise of 1.17 lakh jobs in the same period in 2014, the latest Labour Bureau data shows.
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
In October-December, the highest decrease in employment was seen in the IT/BPO sector by 14,000, followed closely by 13,000 in automobiles sector, 12,000 in metals, and 8,000 in gems and jewellery sector. Textiles including apparels was the only sector which showed an increase in jobs, having registered 37,000 jobs in the October-December quarter.
New jobs in eight sectors of the economy — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom — fell to a six-year low of 1,35,000 in 2015 as against 4.21 lakh jobs in 2014 and 4.19 lakh jobs in 2013. This is also the worst record of new jobs in October-December quarter in last six years, registering a decline of 20,000 compared with a rise of 1.17 lakh jobs in the same period in 2014, the latest Labour Bureau data shows.
Employment had increased by over 1.34 lakh in July-September 2015, had declined by 43,000 in April-June and risen by 64,000 in January-March.
In October-December, the highest decrease in employment was seen in the IT/BPO sector by 14,000, followed closely by 13,000 in automobiles sector, 12,000 in metals, and 8,000 in gems and jewellery sector. Textiles including apparels was the only sector which showed an increase in jobs, having registered 37,000 jobs in the October-December quarter.
In 2015, contractual employment decreased by 32,000 as against an increase of 1.36 lakh jobs in 2014, while direct employment increased by 1.67 lakh, but was sharply down from 2.85 lakh jobs in 2014. Direct employment was hit the most in gems and jewellery sector in 2015, decreasing by 11,000, while the highest increase was seen in IT/BPO sector by addition of 74,000 jobs.
Employment in the exporting units increased by 44,000 in October-December 2015, while employment in non-exporting units decreased by 64,000. In 2015, employment in the exporting units increased by 1.22 lakh whereas in the non-exporting units, the same increased by 13,000.
The Labour Bureau released the Quarterly Report on Changes in Employment in Selected Sectors, the 28th in the series which the Bureau had started in January 2009 to assess the changes in employment in eight sectors — textiles, leather, metal, automobiles, gems and jewellery, transport, information technology and handloom.