IT/BPO, textiles gave employment major push in Q3
The information technology and business process outsourcing (IT/BPO) and textiles sectors gave a major push to employment growth during the December quarter even though gems and jewellery and handlooms sectors cut jobs during October-December 2012, the labour ministry\'s half-yearly survey showed on Friday, indicating weaknesses in most industrial sectors.
The survey on 3,192 units in eight labour-intensive sectors across 21 centres showed employment increased by 3.21 lakh in the quarter ended December 2012 from a year ago. However, jobs were up by just 0.8 lakh from end March 2012. Of the total jobs created last year, about 1.98 lakh was generated by exporting units.
The survey also pointed out that direct employment increased by 2.9 lakh at the end of December 2012 from a year earlier, while contract jobs rose by just 0.32 lakh.
During third quarter of 2012-13, jobs in the IT/BPO sector rose by 1.95 lakh from a year earlier, while textiles firms added one lakh workers. Employment in leather and automobile sectors were almost flat, while it rose a measly 0.21 lakh in metals and 0.17 lakh in transport sectors.
Hike in customs duty on gold lowered margins of gems and jewellery sector, which shed staff to stay competitive. The handloom and powerloom sectors also slashed jobs.
Rupee\'s depreciation helped IT/BPO and textiles firms to get new orders overseas and boost output, which resulted in higher job creation.
However, mining ban in some states choked output and jobs in metals sectors. Slowdown in the economy also moderated auto sales growth
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