Smart pickup in good jobs

The estimated 0.7 million additional jobs created by listed companies may easily more than offset the recent layoffs seen in tech companies

Perhaps, this is one of the best sets of statistics to report. Employment by listed companies crossed the 10-million mark in 2021-22. This is an all-time high. More importantly, listed companies reached this landmark upon having collectively clocked a record 9.3 per cent growth in employment over the previous year’s employment of 9.3 million. These estimates are based on data provided by 3,315 companies in their annual financial statements for 2021-22 and 2020-21.
 

During the previous three years — 2018-19, 2019-20 and 2020-21 — about 3,400 companies had reported total employment of the order of 9.3-9.4 million. In contrast, a