More than 500,000 jobs added in second quarter: Economic Survey
February 25th, 2010 - 3:31 pm ICT by IANS
New Delhi, Feb 25 (IANS) The job market in India made a significant recovery during the second quarter of this fiscal with employment up by 500,000 against a cut of 131,000 in the country’s employed workforce between April and June 2009, says the Economic Survey tabled Thursday.
The survey covered eight sectors such as textiles, leather, metals, automobiles, gems and jewellery, transport, IT and business process outsourcing and handloom and powerloom with the information being collected from 2,873 units from 21 centres spread across 11 states.
“All the seven sectors, except leather, have registered an increase in employment during the quarter July-September,” said the survey which was tabled in the Lok Sabha by Finance Minister Pranab Mukherjee.
Employment during the July-September quarter increased substantially in textiles (318,000) followed by metals (65,000) and gems and jewellery (58,000).
About 80 per cent of the increase in employment that occurred during the July-September 2009 quarter was in “direct category workers” — employees on the rolls of the establishment.
Export units too saw a recovery in job creations, with the sector registering an increase in employment to the extent of 204,000 during the second quarter.
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Tags: automobiles, business process outsourcing, economic survey, export units, extent, finance minister, gems, handloom, India, job, jobs, Lok Sabha, metals, New Delhi, powerloom, pranab mukherjee, sectors, textiles, workforce