EPFO: 79% of new UANs in FY26 generated by Gen Z employees aged 18-30 years, including 28% women

Employee Provident Fund Organisation (EPFO) data reveals a significant demographic shift in India's workforce, with Generation Z comprising 79% of new Universal Account Numbers (UANs) in FY26. This surge is driven by young professionals entering sectors such as retail, logistics, and technology, marking a clear generational transition in the labour market.
For investors, this trend signals a long-term structural change in the economy. A growing base of young, entry-level workers suggests sustained consumption and employment growth. This demographic dividend could boost demand for consumer goods, real estate, and financial services over the coming years.
Investors should monitor how this influx of young workers impacts wage growth and sectoral hiring trends. While this data reflects broad market health, specific sectors like consumer discretionary and financials may see the most direct benefits from this expanding workforce.
Excerpt from Mint
EPFO data indicates that Gen Z comprised 79% of new UANs in FY26, signaling a generational shift in India's workforce. Key sectors like retail and logistics remain major entry points for first-time workers. Employees Provident Fund Organisation (EPFO) enrolment data showed Gen Z comprised 79% of the new Universal…Read the original at Mint
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- Category: Economy.
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