India’s unemployment falls to 6.57%; J&K’s still at 15%

Srinagar, Feb 2: India’s unemployment rate witnessed a sharp decline to 6.57 per cent in January, the lowest since March 2021.

In contrast, J&K’s unemployment rate in January remained at a high level of 15%, according to the data of the Centre for Monitoring of Indian Economy (CMIE) accessed by Ziraat Times.

J&K’s unemployment rate in January was fourth highest in the country, after Haryana (23.4 %), Rajasthan (18.9 %)  and Tripura (17.1 %).

According to CMIE, while unemployment in urban India stood at 8.16 per cent in January, in rural areas it was the lowest at 5.84 per cent.

In December, the unemployment rate stood at 7.91 per cent, with urban at 9.30 per cent and rural at 7.28 per cent, it added.

Telangana reported the lowest unemployment rate at 0.7 per cent in January, followed by Gujarat (1.2 per cent), Meghalaya (1.5 per cent) and Odisha (1.8 per cent). However, Haryana had the highest unemployment rate at 23.4 per cent, followed by Rajasthan at 18.9 per cent.

CMIE had estimated the number of unemployed in India as of December 2021 at 53 million, of which a huge proportion were women.

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