New Delhi: There is talk of recession in the country these days. Due to which large scale employment was lost. According to a report last year, the biggest employment crisis in the country has occurred in the last 45 years. But according to the report of CLSA, a financial research agency, there was a growth of six percent in jobs in the last fiscal year 2018-19. Of these, 75 percent of jobs were related to the IT sector. In terms of jobs in these companies, the pace remained strong even in the first quarter of the current financial year 2019-20.
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CLSA surveyed 241 listed companies in the country to estimate the position of jobs in FY 2018-19. All these companies provide a total of 4.5 million jobs. According to the Financial Research Agency, the growth of six percent in jobs in these companies in the last financial year is the highest in recent years. These companies added around 2.5 lakh new jobs in this period.
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According to the CLSA, the cost per employee generally increased by four percent during this period. The agency has said on the basis of its survey that the position of new jobs in the financial year 2018-19 was satisfactory as far as the large corporate sector is concerned. According to the agency, 80 percent of the jobs came from the IT sector. The growth in job opportunities in the IT sector was 9%. The NBFC sector recorded a growth rate of more than 13%.
