Unemployment in Jammu Kashmir shows spike of 6 percent in march
The unemployment rate in Jammu Kashmir has recorded a spike of over 6 percent for the month of March against February, which is the third highest in states and UTs across India.
Centre for Monitoring Indian Economy (CMIE), monitoring monthly unemployment in India, has put Jammu Kashmir's employment rate at 23.1 percent in the month of March against 17.1 in February.
The monthly figures of the unemployment rate maintained by CMIE since 2016 show that in August 2022, unemployment reached its highest over the years when it jumped to 32.8 percent. In the month of December, unemployment went down to 14.8 per cent against the 22.4 per cent unemployment rate in November.
With 1.5 per cent, Puducherry has the lowest unemployment rate followed by Indian state of Gujarat with monthly unempl...