Jobs go scarce as unemployment rate soars across J&K

Two separate reports on unemployment have placed J&K among the worst performers in job creation. According to the Centre for Monitoring Indian Economy (CMIE) figures, J&K has 16.2 percent unemployment rate, which is the second worst among states/union territories in India. The unemployment rates are produced by CMIE using its Consumer Pyramids Household Survey machinery. CMIE has pegged India’s unemployment rate at 6.7 percent which means J&K has much higher unemployment rate than the national average. According to the periodic labour force survey of urban areas for July-September 2019, Jammu…

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