IMF Data: Sri Lanka's Educated Youth Unemployment Highest in Asia

A recent analysis by the International Monetary Fund (IMF) indicates Sri Lanka faces the highest unemployment rate among highly educated youth in the Asian economies examined. Data shows that approximately 43% of Sri Lankans aged 15-24 with post-secondary education are unemployed, a rate significantly higher than in countries like India. This situation underscores a difficult transition from education to employment for the nation's young graduates. The IMF report, titled "Graduating into Uncertainty," also touches upon broader challenges such as economic instability and the evolving demands of the labor market.