Sri Lanka's unemployment rate fell to 4.9 percent in the third quarter 2010. The unemployment rate in 2009 was 5.7 percent.
This latest data was released after surveys were conducted by the Department of Census & Statistics in July, August and September 2010. The survey was not conducted in the Northern Province.
The survey results revealed that the estimated economically active population (or labour force) was about 8.0 million in the third quarter of 2010 of which 66.8 percent were males and 33.2 percent were females. Out of the economically inactive population 29.5 percent were males and 70.5 percent were females.
The total number of employed persons in Sri Lanka was estimated to be about 7.6 million in the third quarter of 2010.of which about 44.3 percent engaged in services sector, 31.2 percent in agriculture sector, and 24.4 percent in industries sector.
Youth unemployment rate in age group of 15 – 24 yrs reported for third quarter 2010 was 18.9. Highest unemployment rate was reported from age group of 15 – 24 yrs, for both males (16.3) and females (23.3). Further the survey results revealed that the unemployment was severe among females than that of males, in all age groups.
The highest unemployment rate was reported from the G.C.E(A/L) and above group which was about 11.1 percent. There were 7.5 percent and 15.6 percent for males and females respectively.
This shows the problem of unemployment is more acute in the case of educated females than educated males, sated the Department of Census & Statistics.