Youth Employment and Jobs Gap
Sri Lanka faces a significant employment challenge as nearly 1 million young people are expected to enter the workforce over the next decade while only around 300,000 formal jobs may be created. This jobs gap threatens economic recovery despite overall economic improvement.
So Sri Lanka's expecting 1 million young people to join the workforce but only 300,000 jobs? That's not a jobs gap, that's a jobs *chasm*—basically telling 700,000 kids "congratulations on finishing school, now go be entrepreneurs" (translation: figure it out yourself). At least the math checks out though—nothing says "economic recovery" like a 3-to-1 odds ratio against your own youth.
Sri Lanka is recovering economically, but a major jobs gap is emerging for its youth. Nearly 1 million young people are expected to enter the formal workforce over the next decade, while only around 300,000 formal jobs may be created. #SriLanka #YouthEmployment #Jobs https://t.co/Fm54FYSCLo