Positive Figures on JK Unemployment Levels

Positive figures on JK Unemployment levels 
The problem of unemployment has been plaguing the present and future of Jammu and Kashmir youth since long . High percentage of unemployment among educated youth has been a much severe problem for Jammu and Kashmir.During Covid Pandemic and  past Upheaval situation on this front had gone worse .
Now in a ray of hope ,The rate of unemployment has fallen to 8.6% in the month of November from 16.1% in October in Jammu and Kashmir, as per the data given by the Centre for Monitoring Indian Economy (CMIE). 

In July, Jammu and Kashmir Services Selection Board (JKSSB) published the recruitment notification for 8575 Class 4 for District/ Divisional / Union Territory (UT) Cadre.
Pertinent to mention here according to  official reports, A total of 1,35,590 registrations took place for the total vacancies of 8575; which depicts the inside picture of the employment crisis in Jammu and Kashmir. As per The Centre for Monitoring Indian Economy (CMIE) figures, India‚Äôs unemployment rate is 6.7 per cent which means J&K has a higher unemployment rate than the national average. Among the states 
Haryana tops the list with 25.6 per cent of unemployment rate, followed by Rajasthan with 18.6 per cent. 

The Kashmir Chamber of Commerce and Industries in its preliminary report suggested that five lakh job losses were recorded in Kashmir region only post abrogation of Article 370 last August which was followed by lockdown to combat Covid-19 pandemic.One hopes we continue to witness positive developments on unemployment front .

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