Employment in 9 choose non-farm sectors stood at 31.45 million within the October-December 2021 quarter, simply 0.39 million greater than the July-September interval and 0.65 million greater than April-June, 2021, based on the third quarterly employment survey (QES) by the labour ministry launched on Tuesday.
QES gives short-term employment evaluation in institutions using 10 or extra employees, principally within the organised segments, for 9 chosen sectors — manufacturing, building, commerce, transport, schooling, well being, lodging & eating places, IT/ BPOs and monetary companies.
The QES knowledge confirmed that even because the second Covid wave abated, the employment situation in the course of the October-December interval improved solely marginally.
The authorities, nevertheless, claimed the QES report indicated an “increasing trend in employment in organised segment employing 10 or more workers.” The second Covid wave hit the nation in April 2021.
The third QES revealed that in October-December 2021, employment rose in six sectors — manufacturing, building, well being, lodging & restaurant, IT/BPO and monetary companies sectors over the earlier quarter. However, employment fell sequentially in sectors like commerce, transport and schooling.
The survey work for the third quarter of QES corresponds to the interval October 1 to December 31, 2021.
The second spherical of the QES for the July-September FY22 was launched in January this yr.
The third QES, which was carried out in 10,834 models, together with 49 models belonging outdoors of the protection space, discovered the share of feminine employees in such organised sector employment fell to 31.6% in contrast with 32.1% in July-September 2021, however was greater than 29% recorded in April-June, 2021.
Of all these employed, 85.3% of the employees had been common employees, adopted by contractual workers at 8.9%. Self-employed and informal workers had nearly equal share with 2.1% every. The share of fixed-term workers was the least at 1.6%.
According to CMIE, all-India unemployment price in October, November and December final yr 7.74%, 6.97% and seven.91% in contrast with 6.96% in July, 8.32% in August and 6.86% in September.
The QES is part of the All-India quarterly establishment-based employment survey; it’s going to additionally embody an off-the-cuff sector survey, overlaying institutions using lower than 10 individuals, being completed by the Labour Bureau.
Source: www.financialexpress.com”