Job creation down 43.15% in Q3 as economy slows

Job creation in eight key sectors of the economy between October to December 2013 was the slowest in six quarters with sectors including automobiles and metals registering a decline in employment. The data, part of the only official quarterly survey on job creation in the country reveals a sharp deceleration in new jobs creation in the third quarter of FY14, with a fall of 43.15 per cent in jobs on a quarter on quarter basis.

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