Sri Lanka is a country
in the midst of rapid economic development, with a growing manufacturing and
service sector that is attracting increasing levels of foreign investment.
However, this development has also brought new challenges to the country's labor
market, including a growing skills gap and a need for industrial restructuring.
In particular, there is a mismatch between the skills that employers need and
the skills that workers have, which is causing problems for both employers and
employees. This article will explore the challenges of skill mismatch and labor
market disruption in Sri Lanka, and will discuss potential solutions for
addressing these issues.
The problem of
skill mismatch in Sri Lanka:
One of the key challenges facing the Sri Lankan labor market is a growing skills gap. This is caused by a mismatch between the skills that employers need and the skills that workers have. This can manifest itself in several ways, such as a lack of qualified workers to fill certain jobs, or workers being overqualified for the jobs they are able to find. This can lead to a number of problems, such as high levels of unemployment, underemployment, and low productivity.
