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India / Job creation down by 21% in 2012

Job generation during 2012 saw a 21 per cent decline across various sectors of the economy between January and mid-December, according to an Assocham analysis.

“A total of over 5.3 lakh jobs were generated during the aforesaid period across India i.e. over 2.8 lakh jobs in first half of the year and over 2.4 lakh jobs during July-December 15,” says a study titled ‘Job Trends Across India in 2012’ released by the industry body Associated Chambers of Commerce and Industry of India (Assocham).

Information technology (IT) topped the group with over 2.1 lakh jobs generated in the sector between January-December 15, 2012 across the country as compared to the same period of last year.

Choosen excerpts by Job Market Monitor from

Times of India

via Job generation plummeted 21% between January-December 15 – The Times of India.

 

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