NSO employment outlook shows jobs are returning, albeit slowly

NSO employment outlook shows jobs are returning, albeit slowly
Around 38.50 million new subscribers joined the EPF scheme during September 2017 to November 2020, with around 45 million subscribing to the ESI scheme and over 2 million contributing towards national pension scheme, shows NSO data
BusinessToday.In | January 25, 2021 | Updated 17:11 IST
EPFO added around 38.50 million new subscribers during September 2017 to November 2020
The National Statistical Office (NSO), a governmental agency under the Ministry of Statistics and Programme, on Monday released payroll report for the formal sector from September 2017 to November 2020, based on the records available with selected government agencies. As per the report, around 38.50 million new subscribers joined the Employees' Provident Fund (EPF) scheme during the period under review, with around 45 million subscribing to the Employees' State Insurance (ESI) scheme and over 2 million contributing towards National Pension Scheme (NPS) of the central and state governments and corporate schemes. The data indicates that formal job creation has gained steam, albeit at a slower pace, after businesses resumed operations following the lifting of coronavirus lockdown restrictions. The job creation, however, remained below pre-COVID levels.

Related Keywords

, National Pension Scheme , Ministry Of Statistics , National Statistical Office , Employee Provident Fund , Employee Provident Fund Organisation , Employee State Insurance , Nso Employment Outlook , Payroll Report , Jobs , Epfo , Epf Scheme , Employees State Insurance Scheme , தேசிய ஓய்வூதியம் திட்டம் , அமைச்சகம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய புள்ளிவிவர அலுவலகம் , ஊழியர் வருங்கால நிதி , ஊழியர் வருங்கால நிதி ஆர்கநைஸேஶந் , ஊழியர் நிலை காப்பீடு , ன்சோ வேலைவாய்ப்பு ஔட்‌லுக் , ஊதியம் அறிக்கை , வேலைகள் , எப்போ , எப்ப் திட்டம் , ஊழியர்கள் நிலை காப்பீடு திட்டம் ,