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LATEST NEWS UPDATES | Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau -Somesh Jha

Job creation more than doubles to 136,000 in July-Sept 2017: Labour Bureau -Somesh Jha

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published Published on Apr 4, 2018   modified Modified on Apr 4, 2018
-Business Standard

In the manufacturing sector, 89,000 jobs were created as compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year

Job creation in the organised sector rose two-fold to 136,000 in July-September 2017 compared to the previous quarter, largely driven by an uptick in the manufacturing sector, latest official estimates showed.

In comparison, job creation stood at 64,000 in April-June 2017 and at 32,000 in the July-September period last year, according to the Labour Bureau's quarterly report on employment.

The Labour Bureau conducts an establishment-based job survey in eight sectors - manufacturing, construction, trade, transport, education, health, accommodation and restaurants, and information technology. These constitute 81 per cent of the total number of factories in the country employing at least 10 workers.

In the manufacturing sector, 89,000 jobs were created compared to job loss of 87,000 in the previous quarter and job creation of 24,000 in the same period last year.

 In the September-ended quarter, there were job losses witnessed in the construction sector alone with a contraction of 22,000 jobs. In the previous quarter, 10,000 jobs were created and in the September-ended quarter last year, 1,000 jobs were lost in the construction sector.

B N Nanda, senior labour and employment adviser in the labour ministry attributed the decline in new jobs in the sector to seasonal factors. "The unit level data showed that construction of buildings slowed down due to seasonal activities and festivities. Many migrant workers usually travel back to their home states during this period," said Nanda, who holds additional charge of heading the Labour Bureau.

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Business Standard, 13 March, 2018, http://www.business-standard.com/article/economy-policy/job-creation-more-than-doubles-to-136-000-in-july-sept-2017-labour-bureau-118031200996_1.html


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