Formal Jobs In India

Formal job creation hits 10-month high with 985K new subscribers: EPFO data

Surge in young and female subscribers signals recovery in labour market

Fresh formal job creation slows down in January, shows EPFO data

In January last year, 830,047 subscribers joined the EPF. This data is crucial as only the formal workforce enjoys social security benefits and is protected by labour laws

ESIC adds 1.6 million new members in November, 317K females: Payroll data

The Employees' State Insurance Corporation (ESIC) added 15.92 lakh new members in November 2023, according to provisional payroll data released on Tuesday. Around 20,830 new establishments were registered and brought under the social security umbrella of ESIC in November ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 15.92 lakh employees added, 7.47 lakh, which constituted 47 per cent of the total registrations, were up to the age group of 25 years. Net enrolment of female members was 3.17 lakh in November 2023, according to the data. A total of 58 transgender employees were registered under ESI Scheme in November. It shows that ESIC is committed to delivering its benefits to every section of the society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

RIL launches Graduate Engineer Trainee programme, to hire engineers

Reliance Industries Ltd, India's largest company, has launched the Graduate Engineer Trainee programme, aiming to hire graduate engineers across businesses - from petrochemicals to new energy. Reliance has opened its entry-level recruitment drive for young engineers named the Graduate Engineer Trainee (GET) 2024 programme from all over India, with an aim to nurture young, high-potential engineering talent for key technical roles across business verticals, the firm said on its website. This year, the application process has been taken online for the first time. Registration for the programme has started from January 11 and will remain open till January 19, the firm said on its website. The online application process -- as opposed to the more commonly used campus recruitment process, wherein companies can visit only a few dozen institutes every year -- is launched with a view to offer equal opportunity to every young engineering student pan-India and democratise access to world-class

White collar jobs dip 16% in Dec amid cautious hiring in IT, other sectors

White collar hiring in India witnessed a 16 per cent decline in December compared to the year-ago period due to cautious hiring sentiments in IT, BPO, education, retail and healthcare sectors, a report said on Tuesday. "We observed marginal sequential growth of 2 per cent in December hiring activity compared to November, driven by non-IT sectors. However, the IT sector continued to be significantly impacted pulling the overall index down by 16 per cent against last year signalling a longer wait for a complete recovery in IT hiring," Naukri.com Chief Business Officer Pawan Goyal said analysing the Naukri JobSpeak Index. According to the Naukri JobSpeak Index, sectors like BPO, education, retail, and healthcare displayed cautious hiring sentiments, witnessing a year-on-year decline of 17 per cent, 11 per cent, 11 per cent and 10 per cent, respectively, in job offers in December. Hiring in the IT sector reflected the trend seen in the second half of 2023, the report noted. The sector

NPS adoption dips to 4 month low in October amid corporate slowdown: NSO

Since the union government has mandated the NPS for all its new employees, this can be used as a proxy to gauge fresh recruitments at the central level

Fresh formal job creation dips to 7-month low in October, shows EPFO data

The share of women also increased marginally to 26.4 per cent (204,408) in October as compared to 25.2 per cent in September

10% fewer fresh formal jobs created in Apr-Sep period, shows EPFO data

Besides, the number of young subscribers belonging to the 18-28 age group declined by 9.54 per cent to 3.93 million this year from 4.34 million in the corresponding period last year

Here's why India's war on informal labour is bad for its workers

Where the survey shows some progress is that, among regular wage earners, more people now have work contracts than two years ago

Fresh formal job creation slows to 1.02 mn in July, shows EPFO data

the share of women gaining employment declined to 26.8 per cent (274,967) in July as compared to 27.6 per cent (286,984) in the previous month

Top headlines: Jio Financial shares to debut, big techs seek relaxation

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Google layoffs have nothing to do with performance: Sacked Indian employee

Even as tech giant Google continues to cut down staff, a sacked Indian employee stated that the layoffs are not based on performance

Fresh formal job creation below 1 million for third month: EPFO data

Surprisingly, the number of new male subscribers fell more (14.9 per cent) than female (12.9 per cent) in December

Top Headlines: Upturn in capex cycle, formal job creation falls, and more

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Number of formal jobs rose 35% in first half of FY23, says report

A higher number of jobs were created in the second quarter of FY23, as compared to the first quarter: EPFO data

ESIC scheme adds 1.3 mn new members in August 2021: NSO data

The data gives a perspective on formal sector employment in the country

ESIC scheme adds 1.3 million new members in July 2021: Official data

This provides a perspective on formal sector employment in the country

ESI subscribers to get Covid unemployment allowance within 15 days of claim

Payment will be made into bank account of insured, Aadhaar to be used for identification

EPFO Assistant Result 2019 declared: Direct link to download phase-1 result

EPFO Assistant Result 2019 for phase-1 exam has been declared on epfindia.gov.in. Successful candidates will have to appear for the EPFO Assistant Main Exam next

Delhi TGT Recruitment rules likely to be changed: All you need to know

The Directorate of Education has proposed several changes to the prevailing Delhi TGT Recruitment rules