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Payroll Data: EPFO adds 15 48 lakh net members during February 2024

employment trends: EPFO Payroll data shows surge in youth employment; 15 48 lakh net members added in February 2024

The EPFO s provisional payroll data for February 2024 reveals a significant increase of 15.48 lakh net members, with the 18-25 age group constituting 56.36% of new additions. The data also shows a positive trend in female employment, with around 2.05 lakh new female members added during the month. The release highlights a diverse workforce, with growth seen in various industries. Overall, the data reflects a positive outlook for youth employment and inclusivity in the workforce.

EPFO added 7 8 lakh new members in February, 56% of them aged 18-25 years

India Business News: In February, the Employees Provident Fund Organisation (EPFO), responsible for retirement funds, saw an increase of 1.55 million net members, with nea

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