Upward Trend in Employment Maintained; Overall Employment Increased by 6.94 Lakh in June 2012 Over June 2011

Upward trend in employment since July 2009 continues despite the economic slowdown as per the Fifteenth Quarterly Employment Survey by the Labour Bureau. This has been reflected in the Economic Survey for the year 2012-13 tabled in the Lok Sabha today by the Union Finance Finance Minister Shri P. Chidambaram.

Overall employment in June 2012 over June 2011 has increased by 6.94 lakh, with the highest increase recorded in IT/BPO(4.44 lakh) sector followed by 1.70 lakh in Textiles including Apparels, 0.45 lakh in Transport, 0.26 lakh in Metals, 0.19 lakh in Gems and Jewellery and 0.11 lakh in Automobiles sectors during the period.

On the other hand, employment in handloom/powerloom and leather sectors has marginally declined during this period.

In export oriented units, employment at the overall level has increased by 5.81 lakh whereas in the non-exporting units, it has increased by 1.10 lakh during the period June 2012 over June 2011.

During the quarter from March to June 2012, employment increased in respect of only Textiles including Apparels followed by IT/BPO and Gems & Jewellery. There was no growth in employment in the Leather, Transport and Handloom/Powerloom sectors, while sectors like Metals and Automobiles registered negative growth. Overall employment has increased by 0.73 during this quarter.

The results of the 15th quarterly survey reveal that there has been a sustained and consecutive increase in employment in both the public and private sectors covered at overall level during the last eleven quarters with a total addition of 30.73 lakh employment during this recovery period.

DSM/UM/ST/DM

(Release ID :92571)