New formal job creation fell again in September, shows payroll data

The number of fresh formal jobs created fell for the second consecutive month in September, declining 9 per cent sequentially to 930,000, the latest payroll data released by the Employees’ Provident Fund Organisation on Sunday showed.

Enrolment of new female subscribers fell faster (11.39 per cent) than their male counterparts (8.13 per cent) in September, compared with the previous month.

Suchita Dutta, executive director, Indian Staffing Federation attributed the comparatively high rate of decline in new female subscribers to the firms insistence upon the employees to attend work in person. “Going forward, organisations have to be flexible and integrate different