All-India Quarterly Establishment-Based Employment Survey:
The All-India Quarterly Establishment-based Employment Survey, in a report released recently said that the overall employment numbers had increased by 29% from the base year of 2013-14.
- However, in the first quarter of this fiscal (April-June 2021), 27% of the establishments surveyed reported pandemic-related retrenchment.
- The report, released by Labour and Employment Minister Bhupender Yadav, covered 10,593 firms that employed more than 10 workers and were spread over nine sectors that account for 85% of the total employment in such establishments.
- Overall, employment stood at 3.08 crore in the first quarter, up from 2.37 crore as reported in the Sixth Economic Census (2013-2014). All but two sectors — trade and accommodation & restaurants — saw an increase in employment over the period.
- The report said the IT/BPO sector had the most impressive growth (152%), followed by health (77%), transport (68%), financial services (48%), construction (42%), education (39%) and manufacturing (22%).
- Manufacturing was found to account for 41% of the establishments, followed by education (22%) and health (8%).
- There was a decline in employment in trade (25%) and accommodation and restaurants (13%).
- The number of female workers showed a decline too, from 31% in the Sixth Economic Survey to 29% as of the first quarter of the quarterly employment survey.
- While 27% of the establishments reported pandemic-induced retrenchment, the silver lining was that 81% of the workers had received their full wages during the lockdown (March 25 to June 30, 2020).