Slowdown may hurt job creation: SBI

The economic slowdown may take a toll on job creation, with around 74 lakh new additions to the payroll during the current financial year, compared to nearly 90 lakh in 2018-19, an analysis by State Bank of India showed. The estimated 17.6% decline in fresh jobs is based on an analysis of data from the Employees’ Provident Fund Organisation.

Leave a Reply

Your email address will not be published. Required fields are marked *