Formal job creation surged in December 2021, shows new payroll data
2022-02-25
Formal job creation surged in December 2021 with net new employees and subscribers added to the Employees Provident Fund Organisation, the Employees State Insurance Corporation and the National Pension Scheme, suggesting an uptick in the Indian labour market. This is contrary to November when the ESIC and NPS had witnessed a decline. The payroll data…Continue Reading