At a time when India’s economic growth is showing signs of slowing down and developed economies are on the verge of recession, the Ministry of Labour released its Quarterly Quick Employment Surveys on employment in the eight selected sectors, which showed that overall employment rose by 2.15 lakh during the June quarter. The surveys conducted by Labour Bureau assess the impact of economic slowdown on employment in India.
According to the figures released by Labour Ministry, hiring in the eight selected sectors viz. Textiles including Apparels, Leather, Metals, Automobiles, Gems &Jewellery, Transport, IT/BPO and Handloom/Powerloom, grew 2.15% during April-June 2011, compared to 1.74% in the previous quarter and 1.62% a year ago. However, Textiles and Transport were the two sectors were employment got impacted due to global financial crisis and economic slowdown in India and hiring declined by 0.33% and 0.02% respectively.
On the sectoral front, the IT/BPO sector registered the highest growth of 1.64 lakh in employment during the period June 2011 over March 2011, followed by rise of 0.53 lakh in Metals, 0.18 lakh in Automobiles, 0.13 lakh in Gems & Jewellery and 0.01 lakh in Leather and Handloom/Powerloom sectors each.
The maximum increase in overall employment by 1.90 lakh is seen in the direct category of workers as compared to 0.25 lakh in the contract category of workers at overall level during the period June 2011 over March 2011. In the export oriented units, the employment at the overall level has increased by 0.67 lakh whereas in the non-exporting units, it has increased by 1.48 lakh during the period June 2011 over March 2011.
While comparing the results of the last four quarterly surveys conducted during 2010-11 i.e. June 2011 over June 2010, the overall employment has increased by 10.31 lakh, with highest increase of 7 lakh in IT/BPO followed by 1.31 lakh in Textiles including Apparels, 0.96 lakh in Metals, 0.78 lakh in Automobiles, 0.16 lakh in Transport and 0.13 lakh in Leather during the period.
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