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June 2024 sees 1.92 million net new EPFO jobs; youth dominate new additions

Business Standard LogoBusiness Standard4h ago

June 2024 sees 1.92 million net new EPFO jobs; youth dominate new additions - Business Standard

Quick Summary:

The monthly payroll data accounts for members joining EPFO for the first time through Aadhaar-validated Universal Account Numbers (UAN), as well as existing members exiting and rejoining, to calculate net monthly payroll.

Home / Economy / News / June 2024 sees 1.June 2024 sees 1.92 million net new EPFO jobs; youth dominate new additionsAround 59.

The ministry noted significant growth in sectors such as education, finance, and services, based on industry-wise data comparisons.Around 40.70 per cent of the total net membership additions came from expert services, which include manpower suppliers, contractors, and security services, among other activities.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 16:21:17 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22193800

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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