EPFO adds over 20L members in May 2025—biggest jump

Business Jul 21, 2025

EPFO just hit a new milestone, adding over 20 lakh members in May 2025—the biggest monthly jump since payroll tracking began in April 2018.
That's a 4.79% boost from April and shows India's formal job scene is growing stronger.

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Nearly 60% of new EPFO sign-ups were first-timers aged 18-25, with young women joining in bigger numbers too—a solid sign that more fresh grads and early-career folks are landing formal jobs.

Over 16 lakh existing members switched jobs

Over 16 lakh existing members switched jobs but kept their EPFO accounts active instead of cashing out, showing that awareness about long-term financial security is catching on among professionals.