Jammu:
The unemployment rate in Jammu and Kashmir declined from 6.7 per cent in 2019-20 to 5.2 per cent in 2021-22 while the urban unemployment rate dipped by 1.1 percentage points, according to the Economic Survey Report 2022-23.
The report, released by Jammu and Kashmir Chief Secretary Arun Kumar Mehta recently, stated that the labour force participation rate was 61.5 per cent in 2021-22 as against 56.3 per cent in 2019-20, while the worker population ratio has increased to 58.3 per cent in 2021-22 from 52.5 per cent in 2019-20.
“Unemployment Rate on usual status in Jammu and Kashmir has declined from 6.7 per cent in 2019-20 to 5.2 per cent in 2021-22,” it said.