Analysis Of Employment In Corporate Sector - Jobs Were Lost In FY21: CareEdge

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..CareEdge Research Report.Employment in the corporate sector is a useful metric to gauge the pace of job creation in the organised sector. With almost all companies now announcing their audited results for FY21 as well as publishing their balance sheets, a more comprehensive sample can be used to gauge patterns of employment in various sectors. A sample of 2618 companies has been considered here which had aggregate sales of around Rs 67 lakh crore in FY21. The headcount as revealed in the balance sheet has been used here for the last three years. The numbers provided are the stock as on March 31 and hence does not capture exits and entries of employees during the year. Wherever there have been mergers or any kind of consolidation, the companies have been excluded as that would tend to skew the growth rates in the respective sectors. This holds especially for public sector banks which went in for fairly large mergers..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Analysis Of Employment In Corporate Sector - Jobs Were Lost In FY21: CareEdge

Analysis Of Employment In Corporate Sector - Jobs Were Lost In FY21: CareEdge

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