IT/BPOs Creates highest number of employment

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IT/BPOs Creates highest number of employment
New Delhi: Employment in the IT/BPO sector has shown the highest increase at 6.9 lakh during 2009-10. Also, the wages for the IT/BPO sector showed the maximum growth of 9.3 percent during the last quarter, according to the sixth quarterly survey by the Ministry of Labour and Employment to assess the effect of the economic slowdown on employment in the country. Employment has increased by 0.16 percent in the textiles, leather, metals, automobiles, gems and jewellery, transport, IT/BPO and handloom sectors during the January - March 2010 quarter as against the corresponding quarter last year. In absolute terms, employment in the eight sectors grew by 10.66 lakh in the quarter under review as against the corresponding quarter last year. Employment increased in all sectors other than textiles and handloom which showed a marginal decline. Overall employment for the quarter ended March 2010 grew by 0.61 lakh over the December 2009 quarter. But in textiles, employment declined by 1.19 lakh during the same quarter. The contract employment category showed an increase of 0.74 lakh while employment of direct workers increased by 0.13 lakh in the January-March 2010 quarter over the previous quarter. Employment in exporting units too showed an increase by 1.87 lakh but quarter-on-quarter, employment in the non-exporting units showed a decline of 1.25 lakh jobs. Taking together all the eight sectors, during the January- March 2010 quarter, earnings of the workers increased by 7.1 percent, as against the previous quarter. Incomes in the leather units though dropped by 1.4 percent in the March 2010 quarter over December 2009 quarter. Information for the survey was collected from 2,815 establishments in 21 centres across 11 States in the country. The Ministry has been monitoring the effect of the economic slowdown on employment through these surveys which have been carried out by the Labour Bureau. To collect the information for the latest survey, the same establishments were revisited to assess the changes in employment patterns.