Jobs are increasing in the country? 18-25 years old youth got the most employment

13.41 lakh members joined Employees’ Provident Fund Organization (EPFO) in October. This shows that the opportunities for rapid production are increasing in the country. This statement was given by the central labor and administration on Wednesday. EPFO has 7 new members near EPFO ​​million in October, 58.49 percent of 18-25 square Thais from normal. The total number of this young age group is 5.43 lakh.

The ministry said that this figure reflects the trend of first-time workers involved in organized labor, many of whom are young, mainly those looking for a bar job. It indicates an opportunity for growth in the economy.

As per information from payroll data, about 12.90 lakh members have exited and then joined EPFO. This figure is 16.23 percent higher on annual basis compared to October 2023. These EPFO ​​members have changed their jobs and rejoined the companies under the purview of EPFO. Opt to opt for your savings instead of applying for final settlement and thus expand your social and financial security.

A gender-wise analysis of the payroll data reveals that there are about 2.09 lakh new female members from the new results of the few months of responses. This figure is 2.12 percent higher on annual basis compared to October 2023. A statement said that during the review period, the total number of women has increased by about 2.79 lakh. The increase in the number of women is more inclusive and indicates a wider trend in the direction of organized activity. A state-wise analysis of payroll data reveals that the top five and union territories share 61.32 per cent in the EPFO ​​location center total list.