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HomeIndustry NewsEPFO: New formal appointments in August at four-month low, signs of recession...

EPFO: New formal appointments in August at four-month low, signs of recession in labor market



EPFO August 2024 data: A decline has been recorded in formal hiring in the month of August. According to the latest payroll data released by the Employees Provident Fund Organization (EPFO) today i.e. on October 20, there are signs of recession in the formal labor market. The number of new monthly subscribers (new members) declined by about 11% in August. […]

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