Ways to Eradicate Unemployment in Jammu and Kashmir
Dr Arshid Bhat & Mir Saleem ✉ T he estimated Unemployment Rate (UR) for persons aged 15 years and above was 5.8%, 4.8%, 4.2%, and 4.1% during 2018–19, 2019–20, 2020–21, and 2021–22, respectively, indicating a declining trend. The estimated Labour Force Participation Rate (LFPR) for persons aged 15 years and above was 50.2%, 53.5%, 54.9%, and 55.2% during 2018–19, 2019–20, 2020–21, and 2021–22, respectively, showing an increasing trend in labour force participation. The unemployment rate in Jammu and Kashmir has shown a decreasing trend, declining from 6.7% in 2019–20 to 5.2% in 2021–22, as per the Economic Survey Report 2022–23. The data is based on the Periodic Labour Force Survey (PLFS) conducted by the Ministry of Statistics and Programme Implementation. However, the unemployment rate in Jammu and Kashmir remains high compared to the national average. The Centre for Monitoring Indian Economy (CMIE) reported an unemployment rate of 23.1% in March 2022, significan...