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Formal job creation under EPFO falls by 8% in December 2022
Even the net new employees added to the Employees’ State Insurance Corporation fell by 4.2% to 1.80 million compared to 1.88 million in November 2022. The year-on-year comparison shows net new additions under the retirement fund body was just 2% up for EPFO when compared to December 2021 when it stood at 1.46 million
Source | economictimes.indiatimes.com | Yogima Seth Sharma
Formal jobs creation under the Employees’ Provident Fund Organisation fell by 8% in December 2022 to 1.49 million compared to 1.62 million net new subscribers added to the retirement fund body in the preceding month, shows the provisional payroll data by the labour ministry, released on Monday.
Even the net new employees added to the Employees’ State Insurance Corporation fell by 4.2% to 1.80 million compared to 1.88 million in November
