4 lakh jobs added in the organized sector in India in March quarter

28 Sept 2022 , 03:42 PM

According to the labour ministry's quarterly employment survey, which was published on Tuesday, employment in India's formal sector increased marginally in the January-March 2022 quarter by 0.4 million, bringing the total number of workers employed across nine sectors to 31.8 million from 31.4 million in the third quarter of 2021—2022

According to the survey (QES), which is the fourth in a series of the updated survey released last year, the manufacturing sector employed 12.25 million people, followed by the education sector with 6.9 million people, the IT/BPO sector with 3.8 million people, and the health sector with 3.3 million people. 83% of the estimated workforce throughout the nine sectors was concentrated in these four industries.

Manufacturing, construction, trade, transportation, education, health, lodging and dining, IT/BPO, and financial services are among the nine industries included in the poll, which also includes businesses with 10 or more employees.

According to the labour ministry, the sixth Economic Census showed 2.37 crore people employed across the nine chosen industries (2013-14).

Female workers' participation was slightly up from 31.6% in the third quarter to 31.8% in the fourth, according to the survey. However, women made up around 52% of the workforce in the health industry, 44% in the education sector, 41% in the financial services sector, and 36% in the IT/BPO sector. In the financial services sector, women outnumbered men among self-employed individuals.

Out of the 12,038 assigned samples, 11732 units, or 0.53 million businesses, were surveyed in the fourth quarter.

According to the QES, manufacturing accounted for 38.5% of the total employment estimated in the selected nine sectors, followed by education with 21.7%, IT/BPOs at roughly 12%, and the health sector at 10.6%. 5.3% and 4.2% of the estimated workforce were employed in the trade and transportation industries, respectively.

The seventh QES was last completed by the Labour Bureau, which is part of the Ministry of Labour and Employment, for the 2017 July—September quarter. Due to a significant discrepancy between the data on employment generation collected for this survey and the payroll data, work on the ninth QES for the months of October to December 2017 was subsequently suspended.

The ministry claims that the results of the quarter-to-quarter study will show a relative change in the employment situation over succeeding quarters in the Indian economy's aforementioned sector.

Comparative data for the prior fiscal year (2020—21), however, is not accessible because the QES was put on hold for a number of years before being relaunched from April to June of the current year.

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