However, during the first half (April-September) of FY23, the number of new hirings more than halved to 331,221 compared to H2 of FY22 at 740,415. The Labour Bureau on Tuesday released the Quarterly Employment Survey (QES) results for the fifth and sixth rounds, pertaining to Q1 and Q2 of FY23 after a gap of nearly 20 months.
In the Omicron-hit quarter (Q4 FY22), fresh job creation in these nine non-farm sectors had dipped to 350,299 from 390,116 in Q3 of FY22. Job additions further fell to 49,197 in Q1 of FY23 before recovering to 282,024 in Q2 of FY23.
This story is from the May 29, 2024 edition of Business Standard.
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This story is from the May 29, 2024 edition of Business Standard.
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