A senior government minister says that the unemployment rate among the youth with G.C.E. (O/L) and G.C.E. (A/ L) qualifications has increased although the overall unemployment has declined to below 5 percent.
Senior Minister for Human Resources D.E.W. Ginasekera has said the unemployment rate among GCE O/L and A/L qualified youth ranged between 15 percent and 20 percent.
The senior minister has said that priority should be given to cerate employment opportunities for this segment.
Gunasekera has explained that nearly 500,000 with GC.E. (O/L) qualifications and over 300,000 with G.C.E. (A.L) qualifications enter the labor market annually.
Meanwhile, the Cabinet has approved the formulation and implementation of a National Human Resources Development and Employment Policy.
The Cabinet memorandum had been submitted by Gunasekera and a strategy and an action plan would be formed in collaboration with other relevant ministries, private sector organizations and trade unions.