Karnataka - Bangalore

People prefer private sector to public sector

BANGALORE: Contrary to the common perception that more number of people preferred government jobs, the demand for employment in the public sector in the State has come down drastically. On the other hand, the employment rate in the private sector has shot up in a big way.

The number of job aspirants registering themselves with the employment exchanges in the State as well as the placement rate of the Department of Employment and Training (DET) has plummeted.

According to the DET statistics, 10.96 lakh job-seekers were on the live registers of employment exchanges in the State as on March 31, 2007. However, the number reduced to 10.16 lakh in November 2007, a decrease of 7.18 per cent.

There has been a decrease in the registrations in all the major categories except postgraduates. The steep decrease in registrations was with regard to diploma holders (-9.42 per cent) and matriculates (-7.8 per cent). But, the number of postgraduate job aspirants registering with employment exchanges went up by 20.06 per cent during March-November 2007. The highest number of job seekers (1.84 lakh) were unskilled non-matriculates.

The DET was able to provide placements for only 1,390 job-seekers during April-November 2007 as against 1,482 during the corresponding period of the previous year. The number of placement was 0.13 per cent of the total registrations.

The public sector employment in the State accounts for 10.52 lakh and private sector for 10.70 lakh as on November 2007. While the public sector employment growth rate has remained almost constant, the private sector has registered an annual employment growth rate of 20 per cent. There was a decline in employment in Central Government offices in the State by 2.7 per cent. In the State Government and State Government undertakings, it came down by 0.7 per cent and 1.6 per cent respectively.

According to the State Government-prepared Economic Survey (2007-08), an analysis of organised sector employment by various industry groups revealed a steep increase in the employment in finance, information technology, insurance, real estate, business and manufacturing sectors.

Employment has gone up slightly in wholesale and retail trade, hotels and restaurants as well as transport and communication sectors. However, the organised sector employment has remained constant in plantation, forestry, mining and quarrying sectors, the reports said.

© Copyright 2000 - 2009 The Hindu