Over 500,000 Jobs Added During July-Sept Quarter: Economic Survey

Pranab MukherjeeAccording to the Economic survey, Indian job market made a noteworthy recovery during the second quarter of the existing fiscal with employment figures up by 500,000 as compared to a cut of 131,000 in the nation's employed personnel between April and June 2009.

The review covered eight segments including textiles, leather, metals, automobiles, gems and jewellery, transport, information technology and business process outsourcing and handloom and powerloom with the selective data being gathered from 2,873 units from 21 centres spread across 11 states.

The survey, which was tabled in the Lok Sabha by Finance Minister Pranab Mukherjee, said, "All the seven sectors, except leather, have registered an increase in employment during the quarter July-September."

In the July-September quarter, employment surged substantially in textiles (318,000) accompanied by metals (65,000) and gems and jewellery (58,000).

Around eighty percent of the growth in employment, which took place during the July-September last year quarter, was in "direct category workers" -- employees on the rolls of the establishment.

Export units also recorded recovery in job creations, with the segment recording a rise in employment to the level of 204,000 in the second quarter. (With Input from Agencies)