Wednesday, March 3, 2021
Home Government and Policy A record 9.5 Lakh jobs were created in July, 61.81 lakh since September 2017:...

A record 9.5 Lakh jobs were created in July, 61.81 lakh since September 2017: EPFO data

The present government’s initiatives to create jobs seems to have yielded results, as the new payroll data by the Employees Provident Fund Organisation (EPFO) reveals that more than 9.5lakh jobs have been created in the formal sector in the month of July alone.

The new data released by the EPFO on its website on Thursday says that 9,51,423 jobs were created in the month of July and it is the highest growth of employment generation in any month since September last year. The data said that the total count of new enrolments has reached 61.81 lakh since September 2017.

According to the reports, the new set of data released by the EPFO has been calculated with the help of enrolment data of new members in various social security schemes of EPFO such as pension, provident fund and insurance.

The EPFO has put up revised data of new enrolments from September 2017 to June 2018, as 52.30 lakh jobs were created from 47.13 lakhs as estimated earlier, a rise in almost 5.1 lakh jobs. The EPFO has also released revised month-wise job creation from September 2017 and data of every month has seen an upward revision except for September 2017, which has shown a slight downward revision.

 

Source: Hindu Business Line

 

The new payroll data states that the maximum number of enrolment of 2,68,021 were recorded in the age bracket of 18 to 21 years followed by 2,54,827 in 22 to 25 age group.

The data also explains the nature of jobs created and also state-wise numbers on the job creation. According to reports, the Export sector has employed more people of the age between 22-25, while Electrical and Mechanical Engineering products occupy the further positions. Maharastra stands at the top in job creation for the people of same age bracket, while  Karnataka and Tamil Nadu stand second and third respectively.

The EPFO, under the Ministry of Statistics & Programme Implementation (MOSPI), releases employment-related statistics in using data on the number of beneficiaries enrolled under schemes like EPFO, ESIC and NPS. The data is provisional and subjected to periodic revision as updating of employees records is a continuous process and gets updated in subsequent months.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Twitter forces user to delete tweet highlighting Hindu victims of Godhra massacre, days after it refused to block fake news

Users have accused the platform of deliberately censoring posts that highlight the Hindu victims of the Godhra Massacre.

Andhra Pradesh: BJP alleges evangelists built a Christian cross-shaped structure at Hindu holy site, police ‘clarifies’, leaves crucial question unanswered

BJP leaders have alleged that the huge Christian Cross symbol was put up illegally in Guntur, Andhra Pradesh where Hindus believed Sita Maa's footprints existed

Special Prosecutor in Delhi Riots case shows court a Newslaundry article that created a false narrative against the investigation

Special Public Prosecutor slammed Newslaundry in court, said they reported false information under his name in Delhi riots reportage

Remember Agra kidnapping case where a girl was shrouded in Burqa? Here is why she planned the abduction herself

On Monday night, the police recovered the girl from a PG in Delhi's Tilak Nagar area. On being asked about the abduction, she claimed to have gone to Delhi to prepare for NEET examination.

Aamir Khan shelves Mahabharat amidst controversies because ‘now is not the right time’: Reports

Aamir Khan has shelved his 'Mahabharat' project amidst controversies because the 'timing' is not right, reports say.

Miami-based art collector sells 10-second video artwork for $6.6 million, brings focus on NFTs and the value of ‘digital assets’

NFT-authenticated 10-second video artwork by Beeple sold for $6.6 million and it made people wonder if NFTs are the next big thing in tech world.

Recently Popular

‘Inserted her hand claiming she was planting a tree’: LGBT activist Divya Dureja accused of sexual assault under pretext of shamanic ritual

A popular LGBT activist Divya Dureja has been accused of sexual assault by Elodie Gendron under pretext of a Shamanic ritual.

Gujarat: Ahmedabad woman Ayesha commits suicide by jumping into Sabarmati River, last video message goes viral

A video has gone viral on social media where Ayesha, a young woman, can be heard announcing her decision to commit suicide.

The Hindu ‘journalist’ Suhasini Haidar puts out misinformation about ISRO satellite launch: Read details

Suhasini Haidar, National Editor of 'The Hindu', put out false information on social media in attempt to mislead the public.

Aamir Khan shelves Mahabharat amidst controversies because ‘now is not the right time’: Reports

Aamir Khan has shelved his 'Mahabharat' project amidst controversies because the 'timing' is not right, reports say.

Sourav Ganguly may attend PM Modi’s Brigade Ground rally in Kolkata on 7th March: Local media

Sourav Ganguly may attend PM Modi's rally at Brigade Ground in Kolkata on March 7, according to reports in local media.

Remember Agra kidnapping case where a girl was shrouded in Burqa? Here is why she planned the abduction herself

On Monday night, the police recovered the girl from a PG in Delhi's Tilak Nagar area. On being asked about the abduction, she claimed to have gone to Delhi to prepare for NEET examination.
- Advertisement -

 

Connect with us

253,188FansLike
521,420FollowersFollow
23,800SubscribersSubscribe