Youth unemployment rate in Sri Lanka increases to 20%

Tuesday, 26 June 2018 00:00 - - {{hitsCtrl.values.hits}}

By Anushka Bandara

The younger generation plays a vital role in society. The personal traits and the characteristics of generation Y, or the millennials, are very different compared to generation X, who were born in the 60s and 70s. These days, the biggest issue that affects the younger generation in Sri Lanka is the high growth of the unemployment rate.

The youth unemployment rate in Sri Lanka increased from 18.5% to 20% in the year 2017.Despite the fact that millennials are quite capable and enthusiastic, some are still misguided when it comes to finding the most suitable job.

Since parents may support them financially for basic needs, unemployed youth tend to wait to receive their jobs at their doorsteps. The private and public firms in Sri Lanka are generating thousands of jobs every week to meet their global business goals. The reason behind this is that a number of jobseekers are not aware of the proper sources and channels out there that will help them land their dream job effectively.

The jobseekers who suffer from the unemployment can now start searching through thousands of jobs via DreamJobs.lk. Fast-growing recruitment platforms like DreamJobs.lk constantly help the younger generation find eligible jobs which match their skills and experience. DreamJobs.lk is one of the largest online recruitment platforms and has greatly helped reduce the unemployment rate in the Sri Lankan job market.

(The writer is CEO of DreamJobs.k.)