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1. What is the year-on-year growth in employment opportunities as per EPFO in August 2024?
In August 2024, the Employees' Provident Fund Organisation (EPFO) reported a 9% year-on-year growth in employment opportunities, highlighting the expanding job market in India. EPFO added 18.53 lakh net members during this period, with 9.30 lakh new enrollments, including 2.53 lakh female members. These numbers reflect a steady increase in employment, especially when compared to previous months such as July, June, and May. The growth rate underscores the positive impact of EPFO's efforts to improve job accessibility across sectors.