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Jul 31, 2014
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Employment grew 34% in 8 years to 2013: Census
As job growth lagged the rate of economic expansion in the last decade, the government’s sixth economic census shows that the growth in the number of establishments were 41.7% between 2005-06 and 2013-14 while employment grew by 34.4%. This means an annual growth of 5.2% in number of enterprises and 4.25% rise in jobs.The latest census shows, both in number of firms and employment, the last decade fared better than the previous census period (1998-2005) when the growth in number of firms was an annual 4.8% while employment rose 2.49%.
Source -
http://www.financialexpress.com
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