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LATEST NEWS UPDATES | Labour Ministry puts on hold quarterly jobs survey -Yogima Sharma

Labour Ministry puts on hold quarterly jobs survey -Yogima Sharma

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published Published on Jun 10, 2018   modified Modified on Jun 10, 2018
-The Economic Times

NEW DELHI: Labour ministry’s quarterly employment survey (QES), which provides for the number of jobs created in eight sectors that account for over 80% of the country’s total organised workforce, has been put on the backburner owing to the more recent payroll data which has projected much higher number of jobs created in the organised sector than the labour bureau survey shows.

According to the government’s first-ever estimate of payroll count based on Employees’ Provident Fund Organisation (EPFO) subscription and data from the Employees State Insurance Corporation and the Pension Fund Regulatory and Development Authority, over 35 lakh jobs were added in the formal economy in the six months between September 2017 and March 2018. But the 6th and 7th QES shows a total of two lakh jobs created between April-September 2017.

While the periods are not comparable as QES data comes with a lag, the latter is redundant considering its significantly low numbers and time lag. The seventh quarterly employment survey data showed only 1.36 lakh jobs were created across eight sectors, which account for 81% of the country’s total organised workforce, in the July-October quarter of 2017. This was more than double the 64,000 jobs created in the preceding quarter and more than four times the 32,000 jobs created a ye ar ago.

“There is a possibility that labour ministry may not come out with the QES in the organised sector as the government has recently decided to make the payroll data a regular exercise. Since both of these reflect the number of jobs created in the organised sector, there’s significant overlap in the work done and there could even be some mismatch between those numbers,” a senior official, aware of the thinking, told ET on the condition of anonymity.

However, labour ministry reckons that it has been on hold because of manpower crunch. “The eighth QES has been put on hold as the manpower is now being deployed for the area field survey that will collate jobs created in the unorganised sector,” a senior labour ministry official said.

This is, however, contrary to the original idea wherein labour ministry had planned to come out with two parallel surveys, one for the organised sector and the other for unorganised sector, thus hinting at continuing with the ongoing QES.

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The Economic Times, 8 June, 2018, https://economictimes.indiatimes.com/news/economy/policy/labour-ministry-puts-on-hold-quarterly-jobs-survey/articleshow/64499995.cms


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