Unemployment rate declined from 6.7% in 2019-20 to 6.1% in 2023-24: Jammu and Kashmir govt

This improvement is also reflected on the labour force participation rate (LFPR) and workers population ratio (WPR), which rose to 64.3 per cent and 60.4 per cent, respectively, in 2023-24, showcasing the enhanced employment opportunities and economic activities in the Union Territory, J-K minister Javed Ahmad Dar told the Assembly on Saturday.