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Job creation across EPFO and ESIC on rebound after momentary dip in October

Year-on-year comparison also shows an increase in formal jobs created in November compared to November 2021. Formal jobs created under the Employees’ Provident Fund Organisation in November 2022 were 16.5% higher compared to 1.39 million jobs added in the same month in the preceding fiscal

Source | | Yogima Seth Sharma

Formal job creation in India rebounded in November across the Employees’ Provident Fund Organisation and the Employees’ State Insurance Corporation after registering a dip in October but was nearly the same under the National Pension Scheme when compared to the previous month, the government data shows.

As per the provisional payroll data released by the ministry of statistics and programme implementation on

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