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LATEST NEWS UPDATES | Employment in nine selected sectors grew by 4 lakh in Q4 FY22 -Surabhi

Employment in nine selected sectors grew by 4 lakh in Q4 FY22 -Surabhi

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published Published on Sep 27, 2022   modified Modified on Sep 28, 2022

-The Hindu Business Line

Employment increased by about four lakh in the January to March 2022 quarter as against the previous quarter in nine selected sectors of the economy.

The Fourth Round of Quarterly Employment Survey (QES) by the Labour and Employment Ministry revealed that the estimated employment increased to 3.18 crore in the fourth quarter of 2021-22 in the selected sectors as compared to 3.14 crore in the third quarter of the last fiscal.

Total employment grew by 10 lakh to 3.18 crore as on January 1, 2022, from about 3.08 crore as on January 1, 2021, said SP Mukherjee, chairman of the expert group, which brought out this QES.

“The total employment in these nine selected sectors taken collectively was reported as 2.37 crore in the sixth Economic Census (2013-14),” the Labour Ministry said in a statement.

The QES measures employment in all establishments with 10 workers or more of nine selected sectors, which account for a majority of the total employment in the non-farm establishments. These sectors are manufacturing, construction, trade, transport, education, health, accommodation and restaurant, IT/ BPO and financial services.

Jobs growth

“The survey results indicate that jobs continued to grow even during the Covid pandemic with growth of employment in manufacturing as well. This shows a positive trend,” said Labour Minister Bhupender Yadav on Tuesday while releasing the findings of the report.

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The Hindu Business Line, 27 September, 2022, https://www.thehindubusinessline.com/economy/employment-in-nine-selected-sectors-grew-by-4-lakh-in-q4-fy22/article65942894.ece


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