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Sri Lanka’s youth unemployment remains high

Jan 08, 2019 19:28 PM GMT+0530 | 3 Comment(s)

ECONOMYNEXT – Youth unemployment in Sri Lanka, which has suffered three insurgencies led by educated youth, remains high with almost one-fifth of those in the 15 – 24 year age group out of work, the latest labour force survey shows.

“Youth unemployment rate corresponding to the third quarter 2018 is 19.6 percent, the highest reported unemployment rate among all age groups,” the survey report by the Census and Statistics Department said.

The Labour Force Participation Rate (LFPR), tracking the labour force population - expressed as a percentage of the population aged 15 years and over – was 51.8 percent for the third quarter of 2018.

The overall unemployment rate was 4.1 percent.

The report said the overall unemployment rate for females was 6.6 percent and 2.8 percent for males.

But the unemployment rates for males and females for the 15—24 year age group was 16.0 percent and 26.1 percent.

“The unemployment among females is higher than that of males, in all age groups,” the report said.

“Youth and female unemployment contribute more to the overall unemployment of the country.”

The island suffered three youth insurgencies in 40 years in the 1971 – 2009 period, two in the south and one in the north, both still considered economically lagging regions.
(Colombo/January 08/2019)
 


 

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3 Comments

  1. Lalith January 09, 06:59 AM

    You have the army of mediocrities followed by the multitude of fools. As the mediocrities and the fools always form the immense majority, it is impossible for them to elect an intelligent government. Guy de Maupassant

  2. Lester January 09, 12:17 PM

    Change the mindset of people to engage in any job upuntil they find a one that goes with their qualification. There are many jobs affected by labour shortage. University students must encourage to do part time job. Change in attitude is required

  3. dickie bird January 08, 09:07 AM

    It no wonder the unemployment rate is high when Rulers are robbers and liars.Where is the 1m jobs promised by Yahapalanaya??

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