Tuesday, May 19, 2009

Employment in Indian cos up 0.6 pct in Jan-Mar - report

Employment in certain Indian manufacturing and service sectors, which laid off about half a million employees last year, has gone up by 0.6 percent.

During January-March 2009 employment in gems and jewellery sector rose 3.08 percent, followed by 0.96 percent in textile, 0.82 percent in IT/BPO, 0.28 percent in handloom/powerloom and 0.10 percent in automobile sector.

Employment in selected sectors during the quarter January to March 2009 is estimated to have increased by about a quarter million to 15.72 million," the report said citing figures from a sample study of 3,192 firms conducted at 21 major industrial centres in the country.

There was, however, a decline in employment in sectors like leather (2.76 percent), metals (0.56 percent) and transport (0.36 percent) during the period.

Hiring of employees in non-exporting firms rose by 0.92 percent as against 0.28 percent in exporting firms, which reflected the slowdown in the export sector.

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