Survey shows increase in employment in fourth quarter of last fiscal, manufacturing largest contributor

Source: The post is based on the article “Survey shows increase in employment in fourth quarter of last fiscal, manufacturing largest contributor” published in The Hindu on 28th September 2022

What is the News?

The Government has released the results of the fourth round of the Quarterly Employment Survey(QES).

Note: QES is part of the All-India Quarterly Establishment Based Employment Survey (AQEES).

What is the All-India Quarterly Establishment Based Employment Survey (AQEES)?

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What are the key highlights from the fourth round of QES?

Employment is showing an increasing trend in the selected sectors of the economy. The estimated employment increased from 3.14 crore in the third quarter to 3.18 crore in the 4th Quarter.

Largest Employing sector: Manufacturing continues to be the largest institutional employer in the country, employing about 38.5% of the workers. It was followed by the education sector with 21.7%.

Women: The participation of women workers witnessed a marginal increase from 31.6% in the third quarter to 31.8% in the fourth quarter report.

– Women workers constituted about 52% of the workforce in the health sector. In financial services, women far outnumber males among self-employed persons.

Categories of workers: Around 86.4% of the workers were regular employees, and 8.7% were contractual employees followed by casual employees (2.3%) and self-employed (2%). The share of fixed-term employees in the establishments was found to be the least (0.7%) overall.