Friday, March 13, 2009

Earnings Of Workers Dropped - March 13, 2009

In labour concentrated sectors, earning of workers dropped by 3.45 per cent a month during the third quarter of this fiscal due to worsening global economic crises, according to an official report.

Ministry of Labour and Employment said in its report after a survey of eight sectors, "The average earnings have declined at the rate of 3.45 per cent per month during the period of study (October-December 2008)." The eight sectors which surveyed, include textiles, mining, gems and jewellery, and automobiles

Average monthly earning went down by 11.43 per cent in November to Rs 15,259 and by 0.5 per cent to Rs 15,182 in the following month, the report said.

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