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Job creation falls 21% in 2012: Assocham

A total of 5.3 lakh jobs were generated during 1 January to 15 December, the analysis said
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First Published: Tue, Dec 25 2012. 11 21 PM IST
 The IT sector topped the job creation chart with 210,000 new openings, followed by academics and education sector which generated 34,500 jobs. Photo: HT
The IT sector topped the job creation chart with 210,000 new openings, followed by academics and education sector which generated 34,500 jobs. Photo: HT
New Delhi: A slowing economy has resulted in over 21% fall in new job creations across various sectors in the 2012 calendar year, Associated Chambers of Commerce and Industry of India (Assocham) said Tuesday.
“A total of over 5.3 lakh jobs were generated during the aforesaid period (1 January -15 December) across India that is over 2.8 lakh jobs in first half of the year and over 2.4 lakh jobs during July-15 December,” the Assocham analysis said.
National Capital Region created over 110,000 jobs during the year, followed by Mumbai where over 77,000 jobs were generated. Bangalore (over 75,000 jobs), Chennai (over 44,000 jobs) follow the leaders, respectively in creating jobs. “Least number of jobs were generated in Kolkata (over 25,000 jobs) amid the top five metro centres,” said D.S. Rawat, secretary general of Assocham.
Among the sectors, IT topped the job creation chart with 210,000 new openings, followed by academics and education sector which generated jobs for 34,500 people.
The Assocham Research Bureau sourced its inputs primarily from data tracked on a daily basis for vacancies posted by about 4,000 companies through various job portals and recruitment advertisements across 56 cities.
“The Assocham analysis shows that the job market has slightly recovered during the course of last six months as the employment generation growth rate declined by about 15% between July-15 December while the job generation growth in India declined by over 25% during the first six months of the year,” Rawat said in a statement. “This change is presumably due to a slew of positive steps taken by the government during this period.”
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First Published: Tue, Dec 25 2012. 11 21 PM IST
More Topics: Job creation | Assocham |
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