Sri Lanka unemployment at 4.1-pct in Q3 2018

Feb 13, 2019 (LBO) - The number of unemployed persons is estimated as 346,998 during the third quarter 2018 or 4.1 percent, the Department of Census and Statistics (DCS) said. The overall unemployment rate reported for female is 6.6 percent and it is 2.8 percent for male. Youth unemployment rate (age 15 – 24 years) corresponding to the third quarter 2018 is 19.6 percent and that is the highest reported unemployment rate among all age groups.
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Further the unemployment rates for males and females are 16.0 and 26.1 percent respectively for age group 15—24. The estimated economically active population is about 8.4 million in the third quarter 2018. Of which 64.7 percent are males and 35.3 percent are females. The economically inactive population is about 7.8 million. Out of the economically inactive population 26.1 percent are males and 73.9 percent are females