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Work with numbers: EPFO data has re-set the debate on employment

The EPFO data must be subjected to a reality test, because other data sets have been saying quite different things; the task is to get to the reality on employment, not score propaganda points

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T N Ninan
The surprisingly upbeat data that has emerged from the registers of the Employees Provident Fund Organisation (EPFO) has re-set the debate on employment, and probably killed the talk of jobless growth. While the numbers are too good to be true if claimed to accurately reflect fresh employment, it is entirely likely that the news in the numbers is positive. That message should not be lost in overkill by over-enthusiastic proselytisers.

Additional enrolment by employers registered with EPFO (those with 20 or more employees) was two million in the 18-25 age group over six months to February, within a total of
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