Payroll Data: EPFO adds 15.48 lakh net members during February 2024
Payroll Data: EPFO adds 15.48 lakh net members during February 2024
7.78 lakh new members enrolled with EPFO during February, 2024
EPFO’s provisional payroll data released on 20th April, 2024 highlights that EPFO has added 15.48 lakh net members in the month of February, 2024.
The data indicates that around 7.78 lakh new members have been enrolled during February, 2024. A noticeable aspect of the data is the dominance of the 18-25 age group, constituting a significant 56.36% of the total new members added in February 2024 indicating the majority of individuals joining the organized workforce are youth, primarily first-time job seekers.
