Employment Rate in Sri Lanka decreased to 94.90 percent in the third quarter of 2019 from 95.10 percent in the second quarter of 2019.

Employment Rate in Sri Lanka averaged 94.91 percent from 2004 until 2019, reaching an all time high of 96.30 percent in the third quarter of 2011 and a record low of 91 percent in the second quarter of 2004. This page provides - Sri Lanka Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Employment Rate - values, historical data and charts - was last updated on May of 2020. source: Central Bank of Sri Lanka

Employment Rate in Sri Lanka is expected to be 95.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Sri Lanka to stand at 95.50 in 12 months time. In the long-term, the Sri Lanka Employment Rate is projected to trend around 95.50 percent in 2021 and 95.90 percent in 2022, according to our econometric models.

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Sri Lanka Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
94.90 95.10 96.30 91.00 2004 - 2019 percent Quarterly

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 5.10 16.60 3.70 percent [+]
Employed Persons 8181442.00 8155341.00 8554179.00 4962105.00 [+]
Unemployed Persons 387460.00 437797.00 953794.00 282648.00 [+]
Labor Force Participation Rate 51.90 52.20 54.70 46.90 percent [+]
Population 21.90 21.67 21.90 9.87 Million [+]
Living Wage Family 52100.00 52100.00 52100.00 52100.00 LKR/Month [+]
Living Wage Individual 29100.00 29100.00 29100.00 29100.00 LKR/Month [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]
Wages High Skilled 57500.00 60800.00 60800.00 52900.00 LKR/Month [+]
Wages Low Skilled 21500.00 23500.00 23500.00 21500.00 LKR/Month [+]
Youth Unemployment Rate 23.30 20.00 38.10 15.40 percent [+]
Employment Rate 94.90 95.10 96.30 91.00 percent [+]