Mar 13, 2017 (LBO) – Sri Lanka’s labour force for the third quarter 2016 is estimated to be 8.4 million with 36.5 percent females contributing to the working population, a survey from the statistics office showed.
As per the Labour Force Survey, the overall labour force participation rate for the third quarter is 53.8 percent, while this is 75.0 percent and 36.1 percent for males and females respectively.
The labour force is defined as the currently economically active population aged 15 years and over. The labour force population expressed as a percentage of the working age population is the labour force participation rate.
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.
Statistics office said the estimated employed population is about 8.0 million for this quarter, of which, about 46.1 percent engaged in the services sector, 27.1 percent in agriculture and 26.8 percent in industry.
The highest employment share is in services and this pattern is same for both male and female. Also the survey reveals that 68.0 percent of the employed population works more than 40 hours per week.
During the reference period persons who did not work, are looking for work, have taken action to find a job during last the four weeks, and ready to accept a job given a work opportunity within next two weeks are said to be unemployed.
The proportion of unemployed population to the total labour force is the unemployment rate and the estimated unemployment rate for the third quarter 2016 was 4.5 percent.
The Census and Statistics Department released labour force statistics of third quarter of 2016, based on a sample of 6,440 housing units and the field work was carried out in July, August and September of 2016 covering the whole country.