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Indian job market down 67.93% in 2015
21
Jul '16
Job creation in labour-intensive and export-oriented sectors such as textiles, automobiles, IT/BPO, declined 67.93 per cent in 2015, and only 1.35 lakh new jobs were created in these sectors during the year.

According to the Labour Bureau's Quarterly Quick Employment Survey (QES), estimated employment experienced a net addition of 4.21 lakh (persons) In January 2014 to December 2014 and 1.35 lakh (persons) between January and December 2015.

The estimated employment for export-oriented sector saw a net addition of 1.22 lakh people in January-December 2015, Commerce and Industry Minister Nirmala Sitharaman said in a written reply in the Rajya Sabha citing the survey.

The Bureau conducts quarterly surveys in eight select labour-intensive and export-oriented sectors such as textiles, including apparel, metals, gems and jewellery; automobiles; transport; IT/BPO; leather and handloom/powerloom to assess the effect of economic slowdown on employment in India.

The minister clarified that data pertaining to the entire manufacturing sector is not collected under the QES of the Labour Bureau. But five of the eight sectors in QES – textiles, metals, gems and jewellery; automobiles; leather and handloom/powerloom are part of the manufacturing sector. (SH)

Fibre2Fashion News Desk – India

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