GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

9.73 Lakh Jobs Created in September, 79.48 Lakh in Last 13 Months: EPFO Payroll Data

The lowest number of 2.36 lakh subscribers were added to the EPFO schemes in the month of March this year.

PTI

Updated:November 20, 2018, 9:52 PM IST
facebookTwittergoogleskypewhatsapp
9.73 Lakh Jobs Created in September, 79.48 Lakh in Last 13 Months: EPFO Payroll Data
Image for representation.
Loading...
New Delhi: Job creation more than doubled to 9.73 lakh in September, the highest monthly addition since September 2017, compared to 4.11 lakh in the same month last year, according to the EPFO payroll data released Tuesday.

Around 79.48 lakh new subscribers were added to social security schemes of the Employees' Provident Fund Organisation (EPFO) from September 2017 to September 2018, the data showed. This indicates that these many jobs were created in the last 13 months.

The lowest number of 2.36 lakh subscribers were added to the EPFO schemes in the month of March this year.

During September this year, the maximum number of 2.69 lakh jobs were created in the 18-21 years age group followed by 2.67 lakh in the 22-25 years age bracket.

The EPFO said in its statement that the data is provisional as updation of employees records is a continuous process and gets updated in subsequent month/s.

This is age-band wise data of new members registered under the EPFO where the first non-zero contribution received during particular month. For each age-wise band, the estimates are net of the members newly enrolled, exited and rejoined during the month as per records of the EPFO, it added.

The estimates may include temporary employees whose contributions may not be continuous for the entire year. Members' data are linked to unique Aadhaar Identity, it added.

The EPFO manages social security funds of workers in the organised/semi organised sector in India and has more than 6 crore active members (with at least one-month contribution during the year).
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 1,136.40 0.58
Zee Entertain 462.70 -7.80
Yes Bank 179.00 -1.10
Sun Pharma 433.45 2.97
ICICI Bank 362.25 1.06
Company Price Change %Gain
ICICI Bank 362.35 1.22
HDFC 1,953.15 -0.31
Infosys 676.35 -2.48
Sun Pharma 433.10 2.98
Yes Bank 178.90 -1.21
Top Gainers
Company Price Change %Gain
Sun Pharma 433.45 2.97
Bajaj Finance 2,532.20 2.34
Power Grid Corp 196.35 1.97
M&M 770.95 1.93
JSW Steel 305.45 1.87
Company Price Change %Gain
Sun Pharma 433.10 2.98
Power Grid Corp 196.65 2.16
M&M 770.80 1.62
Vedanta 208.90 1.58
Asian Paints 1,354.45 1.47
Top Losers
Company Price Change %Gain
Zee Entertain 462.70 -7.80
UPL 743.65 -3.18
Infosys 676.60 -2.56
Tech Mahindra 709.00 -1.49
Wipro 335.05 -1.34
Company Price Change %Gain
Infosys 676.35 -2.48
Wipro 335.40 -1.29
Yes Bank 178.90 -1.21
ITC 278.00 -0.75
HUL 1,841.10 -0.56

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results