Job creation slows down to 1.3 mn in August from 1.44 mn in July: ESIC data

Around 1.3 million jobs were created in August, lower than 1.44 million in the previous month (July), according to the payroll data of Employees' State Insurance Corporation (ESIC).

Gross enrolments of new subscribers with the ESIC were 14.9 million during 2018-19, the National Statistical Office (NSO) said in a report.

It also showed that during September 2017 to August 2019, around 29.7 million new subscribers joined the ESIC scheme.

The NSO report is based on the payroll data of new subscribers of various social security schemes run by the ESIC, retirement fund body EPFO and the Pension Fund Regulatory and Development Authority (PFRDA).

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