Are 5 lakh jobs being created every month, Learn the truth of employment figures
The Employees Provident Fund Organization (EPFO) and National Pension System (NPS) have made the data open for the first time in their open accounts. It is being said that this will provide relief to the central government on the employment front. On the basis of open accounts in both organizations, there are indications that between September 2017 and February 2018, 31 lakh new jobs of 18 to 25 years have been created, i.e. about five lakh jobs per month. Of these, 22 lakh jobs are from the organized sector. The signal is, because it is not right to assume these data as employment. On the other hand, according to the Labor Bureau data, only 4.16 lakh jobs were created in the financial year 2017. At the same time, the International Labor Association (ILO) has recently conjectured that by 2019, the employment situation in India will be miserable and 15 to 25 years of employment will be provided to the youth, three times the number will remain unemployed. Let's know how...