Over 8.5 million are employed in Sri Lanka

SRI_LANKA_LABOURThe estimated employed population in Sri Lanka during the third quarter of 2015 is about 8.5 million, of which about 45.5 percent are engaged in the services sector, 27.2 percent in the industries sector and 27.4 percent in agriculture sector.

The highest employment share is in service sector and this is true for both male and female, while the lowest shares is in the industry sector, the Department of Census and Statistics said in a new survey.

The survey reveals that about 67% of the employed population works more than 40 hours per week.

The Department of Census and Statistics (DCS) released the employment, unemployment and labour force statistics for the third quarter in 2015, based on a sample of about 6250 housing units enumerated during the quarter covering the whole country under the Sri Lanka Labour Force Survey.

The working age for Sri Lanka is defined as age 15 years and above. Among the total working age population who are employed or unemployed during the reference week is identified as the economically active population. The estimated economically active population is about 9.0 million in the Third quarter 2015, of which 64.5 percent are males and 35.5 percent are females.

The labour force is defined as the currently economically active population who are in working age. Labour force population expressed as a percentage of the working age population (age 15 years and over) is the labour force participation rate (LFPR). The survey results reveal that the overall LFPR for the 3rd quarter is 53.8 % and this is 74.7% and 35.7% for males and females respectively.

Persons, who worked at least one hour during the reference period, as paid employees, employers, own account workers or contributing family workers are said to be employed. (Colombo Gazette)