Youth unemployment on the rise and more people working fewer hours
Sri Lanka, Oct. 5 -- Sri Lanka's labour force participation rate rose to 50% in the second quarter of this year, the highest level since 2021.
The latest data released by the Department of Census and Statistics also puts the unemployment rate steady at 4%.
But the overall numbers hide sharp divides.
Unemployment among women with advanced-level qualifications or higher stood at 9.6%, more than double the national rate, and nearly three times the rate for equally educated men.
Youth unemployment also worsened during the quarter, climbing to 17.8%, up from 16.1% just three months earlier.
The data points to more people working fewer hours, too.
The share of workers putting in 40 hours a week or more fell sharply from the previous quart...
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