Payroll Data: EPFO adds 15.48 lakh net members during February 2024
MUMBAI: The EPFO’s provisional payroll data released on 20th April, 2024 shows that EPFO has added 15.
Stay updated with breaking news from Job Mobility. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
MUMBAI: The EPFO’s provisional payroll data released on 20th April, 2024 shows that EPFO has added 15.
The EPFO's provisional payroll data for February 2024 reveals a significant increase of 15.48 lakh net members, with the 18-25 age group constituting 56.36% of new additions. The data also shows a positive trend in female employment, with around 2.05 lakh new female members added during the month. The release highlights a diverse workforce, with growth seen in various industries. Overall, the data reflects a positive outlook for youth employment and inclusivity in the workforce.
Focus is expected to be on wellbeing, job mobility, building a professional network, and more as avenues for people practitioners to look into.
Within Southeast Asia, Bangkok came in second, while Manila ranked 133rd, Jakarta ranked 151st, Hanoi came in 156th, Kuala Lumpur took 180th spot, and more.
How the health insurance system influences the likelihood ofchanging jobs and becoming self-employed