EPFO: Good news is being received on the employment front. Jobs in the organized sector in the country have increased in September 2023. This many subscribers have joined EPFO in September 2023.
Employment in September 2023: There is good news regarding employment in the organized sector. Employees Provident Fund Organization has added 17.21 lakh subscribers in September 2023. According to the data released by EPFO, jobs in the organized sector have increased in the month of September and it is 21,475 more members as compared to August. At the same time, 38,262 more subscribers have joined this month compared to September 2022.
Youth are getting employment
According to the data released by the Labor Ministry, a total of 8.92 lakh new members have joined EPFO in September 2023. The special thing is that most of the newly joined members are youth. This month, 58.92 percent of the new people joining are in the age group of 18 to 25. In such a situation, it becomes clear that the youth of the country are getting more and more employment and the new entrants are mostly doing jobs for the first time.
Reduction in the number of people leaving EPFO from June 2023
At the same time, EPFO data also shows that a total of 11.93 lakh people have left EPFO and rejoined it. These are the people who have switched their jobs. If we talk about those leaving EPFO in September 2023, these are 3.64 lakh subscribers. In such a situation, a huge decline of 12.17 percent has been recorded in the number of people leaving the job this month. These figures are even more encouraging because there has been a continuous decline in the number of people leaving jobs since June this year.
There was so much participation of women
The states whose youth have got maximum jobs include Maharashtra, Tamil Nadu, Karnataka, Gujarat and Haryana, the total share of all these states is 57.42 percent. Maharashtra alone’s share in this is 20.42 percent. Talking about women participation, out of total 8.92 lakh new members, 2.26 lakh are women. Whereas the total female subscribers who joined in September 2023 is 3.30 lakh.
