A survey of eight sectors conducted by the labour ministry released on 16 November 2011 revealed that despite the slowdown in economic activity, employment increased marginally in April-June quarter of 2011-12.
According to the survey, employment in eight sectors grew 2.15% during April-June 2011, compared to 1.74% in the january-March quarter and 1.62% in 2010. The eight sectors added 2.15 lakh jobs during the quarter, with IT-enabled services (1.64 lakh) and metals (53,000) contributing the most.
However two sectors - textiles and transport saw a fall in employment numbers during the quarter. The textiles sector saw a 0.33% reduction in employment, while there was a 0.02% decrease in case of transport.
Auto companies and component makers added a mere 18,000 employees given the slump in sales. Gems & jewellery, despite the robust export growth in the January-march quarter could only add 13000 more workers. The situation was far worse in leather and textiles sectors with both seeing 1000 workers each added to the workforce.
Comments
All Comments (0)
Join the conversation