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20L formal job additions reported in May; surge spans gender, sectors & regions: EPFO

India's organised sector experienced unprecedented growth in May, adding over 20 lakh net payrolls, the highest since April 2018. This surge, which is driven by youth and women, reflects the formalisation of the workforce across various sectors and regions. Maharashtra led regional contributions, signalling enhanced job confidence and workforce fluidity, highlighting the need for sustained skill development and social protection.

TIMES OF INDIA
6 hours ago
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