'India's job creation dips by 21% in 2012'

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BS Reporter Mumbai/ Ahmedabad
Last Updated : Dec 26 2012 | 12:19 AM IST

While country's overall job creation has witnessed a decline by over 21 per cent between January and December 2012 period so far, an industry study showed that the first half period (January - June) of the year generated more jobs as compared to the second half.

According to a study conducted by Associated Chambers of Commerce and Industry (Assocham), new job generation in various sectors of the economy across India was higher in January-June period as compared to that in the later half period.

"A total of over 530,000 jobs were generated during the aforesaid period across India with over 280,000 jobs in first half of the year and over 240,000 jobs during July-December 15. Besides, 2012 saw a decline to the extent of over 21 per cent in the new job generation in various sectors of the economy between January-December mid across India." Assocham study - 'Job Trends Across India in 2012' revealed.

"The analysis shows that job market has slightly recovered during the course of last six months as the employment generation growth rate declined by about 15 per cent between July-December 15 while the job generation growth in India declined by over 25 per cent during the first six months of the year," said D S Rawat, national secretary general, Assocham.

"This change is presumably due to slew of positive steps taken by the government during this period," he added. Delhi and National Capital Region (NCR) topped the list with over 110,000 jobs being generated between January 1-December 15, 2012.

"Mumbai generated over 77,000 jobs followed by Bangalore, which generated over 75,000 jobs and Chennai at over 44,000 jobs generation. And the least number of jobs were generated in Kolkata at over 25,000 jobs amid the top five metro centres," said Rawat.

"Mumbai stood second with 259 per cent growth in job generation in the first half of the year followed by Hyderabad, which registered a growth of 114 per cent, Ahmedabad with 93 per cent growth and Chennai with 81 per cent growth," the study revealed.

Besides, Ahmedabad emerged as the only city in the state of Gujarat with close to 100 per cent rise in job generation in the first six months of the current year. With about 16,350 jobs generated between January-December 15, 2012 Ahmedabad leads other Gujarat cities in job generation, the apex industry body Assocham stated.

While in rest of the cities in Gujarat, job generation growth dipped by about 26-35 per cent between January-December 15, 2012.

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First Published: Dec 26 2012 | 12:19 AM IST

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