Formal job creation dips by 13% in Nov: EPFO
In November, approximately 7.86 lakh new members were added to the EPFO, witnessing a 10% month-on-month decline as against 8.16 lakh new members in October, the data reveals.
In November, approximately 7.86 lakh new members were added to the EPFO, witnessing a 10% month-on-month decline as against 8.16 lakh new members in October, the data reveals.
Of 8.92 lakh new members added in the period, around 2.26 lakh are females
The Employees' Provident Fund Organisation (EPFO) added 17.89 lakh net members in June
The jobless rate fell in both urban and rural parts of the country, thanks to the addition of new jobs during September 2022.