Non-farm Employment is Increasing: According to a quarterly survey issued by the Union Labor Ministry, total employment in nine industries increased by ten lakhs to 3.18 crore over the previous year during January-March 2022.
Manufacturing, construction, commerce, transportation, education, health, hotel and restaurant, IT/BPO, and financial services are among the nine industries chosen. During January-March 2021, the total number of jobs in these nine sectors was 3.08 crore.
During a press conference, S P Mukherjee, head of the expert committee that developed this QES, claimed that total employment on January 1, 2021 will be 3.08 crore and 3.10 crore on January 1, 2022. Thus, employment in these nine industries grew by 10 lakh over that time period.
The increased employment figure also represents economic recovery when governments released restrictions enforced to prevent the spread of coronavirus infections in the aftermath of the second Covid wave, which occurred in April 2021 and had a massive impact.
The QES, which is part of the AQEES, was started in April 2021 to collect crucial data on employment and associated factors in the organized sector of the economy.
Each quarter, data is collected from around 12,000 establishments. The first such report, covering the period April-June 2021, was published in September 2021.