File - Job seekers fill out application forms before a screening session for seasonal jobs at Coney Island in the Brooklyn borough of New York in this March 4, 2014 . REUTERS/Shannon Stapleton
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Only a fourth of the world's workforce have stable contracts, leading to growing job insecurity, a U.N. report said Tuesday.The dwindling share of steady jobs comes against the backdrop of soaring global unemployment, with 201 million people jobless last year – 30 million more than before the 2008 financial crisis, ILO said.The organization's main annual report, covering more than 180 countries and 84 percent of the global workforce, said a full three-quarters of workers have temporary or short-term contracts, held informal jobs or were in unpaid family work.Among workers who earn salaries, only 42 percent have permanent contracts, said the ILO's 2015 World Employment Social Outlook Report titled The Changing Nature of Jobs. This was however a vast improvement from two decades ago when half the world's workers lived below the $2 poverty line threshold.
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