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Achhedin in Jobs :- Employment increases by 5.21 lakh in FY15; 64,000 in Jan-Mar

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  • Employment in 8 sectors including IT/BPO, automobiles, gems & jewellery and textile rose by 5.21 lakh last fiscal, said a government report.
  • During the first three quarters of 2014-15, these sectors witnessed an overall increase in employment by 1.82 lakh, 1.58 lakh and 1.17 lakh over the previous quarters.
  • As per the 24th report, the overall employment had reduced by 36,000 in the January-March quarter in 2013-14.
  • The report also stated that the overall employment increased by 2.76 lakh during 2013-14, lower than 5.21 lakh in the previous fiscal.
  • At industry level, the highest increase in employment is observed in IT/BPOs sector where jobs increased by 37,000 during January-March, over November-December, 2014, followed by textiles including apparel sector (24,000), automobiles sector (20,000) and metals sector (1,000).
  • The largest decrease in employment was recorded in leather sector (8,000) followed by gem & jewellery (6,000), transport (2,000) and handloom/powerloom (2,000).
  • In the direct category of workers, employment has increased by 15,000 whereas for contract category of workers, it has increased by 49,000 during the quarter ended March, 2015 over December, 2014.
  • Employment in the exporting units has increased by 73,000 at overall level, whereas in the non-exporting units, it has decreased by 9,000 during January-March, 2015 over the previous quarter November-December, 2014.
  • Labour Bureau has been conducting a series of quarterly quick employment surveys since January, 2009 to study the impact of global economic slowdown on employment in Indian economy. 
  • The first one was conducted to study the impact of economic slowdown on employment during the October-December quarter of 2008.

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