Since EPFO data, Oct is down 26%, the average monthly job creation

From October 2018 until April 2019, EPFO each release, the average monthly job creation shows a dip. November 2018 alone, an average of 1,262 jobs, showed marginal increase.



In India, the average monthly job creation, job creation can be obtained only for measuring each of the EPFO next month and always has been. From October 2018 until April 2019, EPFO each release, the average monthly job creation shows a dip. November 2018 alone, an average of 1,262 jobs, showed marginal increase.

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In India, the average monthly job creation, job creation can be obtained only for measuring each of the EPFO ​​next month and always has been. From October 2018 until April 2019, EPFO ​​each release, the average monthly job creation shows a dip. November 2018 alone, an average of 1,262 jobs, showed marginal increase.


Was opened by the Employees' Provident Fund Organization (EPFO) EPFO, the average salary in 2019 released data covering the period from September 2017 earnings release, October (Sep17-Aug18) 6.10 jobs created each month on average. November release 1,262 jobs monthly average showed an increase. December 2018 (Sep17-Oct18), the average monthly job creation was created 5.65 jobs per month. January 2019 dismissal of one month (Sep17-Nov18) also dipped 4.90 Structure of jobs. February 2019 (Sep17-Dec18) of the EPFO, the average for the month, with job creation, job creation 4.52 per month. March 2019 (Sep17-Jan19) dipped 4,49,935 jobs a month and was released. According to the latest version (Sep17-Feb19) in the EPFO ​​with a monthly average of 4,49,261 jobs a month in the job creation and further decreased. EPFO is about 26 percent since October.
According to the report, the second month in a row with a formal job creation increased. Covered in the September 2017-March 2019 release, 76.48 Structure of jobs have been created. (September2017) February to December of 2018 in September 2017 to November 2018, 73.50 reported that jobs were created over the release of January was a reduction of 72.32 jobs were created.

EPFO monthly data, 80,86,696 jobs between June 2017 and September 2019, May 2019 and 8,94,973 jobs created in 140 percent growth per year. However, in March, May EPFO ​​previous revised 1.543 jobs when they are released.

September 2017-June period of 2019, with comparative data, spanning 17 months, was not decreased by 4,23,897 jobs. High revision decreased by 69,470 (9.8 percent) in November 2018. In December 2018, 55,299 (10.7 percent), decreased job again next month of October 2018, 35,449 (6.8 per cent).

Describes not only the loss of jobs in the month of March. 55.934 last March on the disclosure of EPFO ​​working, who died in 2018. This figure is in March 2018 showed loss of 29.023 jobs working EPFO ​​previous release in accordance with the EPFO, "The reason for this will come back in March 2018, the financial year closed Taking into account the Month "in March in connection with the large number of negative way.

In February 2019, the creation of jobs, the number stood at 8,61,701. 2.36 to provide for the structure of the official age group of 22-25. 29-35 age group had created 1.54 jobs. In the over 35 age group witnessed 1.43 Structure of job creation.

For each age group-wise assessment of re-reading, exited, and is joined again within one month. EPFO changes in employee each month.

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