The Retirement fund body, Employees' Provident Fund Organisation (EPFO) in its latest ‘Provisional Estimate of Net Payroll’ data report has showed that India created 1008600 new jobs in the month of December 2019 as against revised figure of 1009238 in November 2019.
As per the report, the maximum jobs were created in the age bracket of 22-25 and in this bracket the top 10 sectors which have created more fresh jobs include Expert Services, Trading - Commercial Establishments, Establishments engaged in Manufacturing- Marketing Servicing & Usage of Computers, Electric-Mechanical-or General Engineering Products, Building and Construction Industry, Engineers- Engineering Contractors, Financing Establishment, Hospitals and Heavy - Fine Chemicals. In the similar age bracket, Maharashtra was the first among the States to create maximum payroll, followed by Karnataka, Gujarat, Tamil Nadu, Delhi and Telangana.
According to the data report, 6863 new jobs were created in less than 18 age group category, while 265928 jobs in 18-21 age group category. Further, 22-25 age, 26-28 age, 29-35 age and more than 35 age group category witnessed 276932, 127438, 177417 and 154022 new payrolls respectively in December 2019.