Jobs created by UPA govt offers no employment benefits

The UPA government has generated more jobs in its second innings, but 85% of the 17 million new formal sector jobs created between 2009-10 and 2011-12 offer no employment benefits and social security, according to a new report on India's labour market from the International Labour Office.

The trend, according to labour market experts, means that those who got jobs created in recent years are extremely vulnerable to the loss of livelihood in downturns like the current slump in the country's industrial economy. 

Read the Economic Times news report here.