A fourth of Karnataka's working class is in formal sector, says a jobs report
The Karnataka Jobs Report 2022–23, prepared by Bengaluru-based business service provider Quess Corp and the Federation of Indian Chambers of Commerce and Industry (FICCI), says that Karnataka is the second state after Maharashtra to create a high number of formal jobs. The report analysed the Employment Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) payroll and subscribers data to get the number of formal jobs states are adding every year.
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