The status mismatch in the labour market occurs when an individual is unable to find a suitable job for his or her level of education attained. Generally, this is known as Job- Education Mismatch and it’s mainly occurs due to demand side deficiencies of the economy. That is lack of job creation in the economy to absorb the educated youth to the job market. If the economy is unable to produce enough job opportunities to absorb newly passed out graduates, they find difficulty to secure suitable jobs.
Senarath and Patabendige 2014, have found that there exists a considerable extent of education mismatch among the graduates who are employed in the Sri Lankan graduate labour market. Although this problem continuously exists, no proper attention has been still given. Accordingly, the main objectives of the research are to analyze the status of employment of Sri Lanka to identify the job generation of the economy and identify whether the graduates are doing jobs suited for their level of education using the secondary data analysis.
The study used a deductive methodology and developed a declarative hypothesis to identify whether there exist a status mismatch in the graduate labour market. The study used the content analysis to analyze the secondary data available in the Central Bank Annual Reports, the Consumer Finances and Socio Economic Survey Reports, and the other relevant research already published. Finally, all the evidences support the hypothesis confirming that education mismatch is a more visible in the graduate labour market in Sri Lanka.
Graduate labour market, job-education mismatch, status of employment, content analysis.
S. A. C. L. Senarath and S. Amarathunga are with the Department of Commerce and Financial Management, University of Kelaniya, Sri Lanka (e-mail: firstname.lastname@example.org, email@example.com).
S. S. J. Patabendige is with the Department of Marketing Management, University of Kelaniya, Sri Lanka (e-mail: firstname.lastname@example.org).
S. A. C. L. Senarath, S. S. J. Patabendige, and S. Amarathunga, "
Sri Lankan Graduate Labour Market: A Status Mismatch," Journal of Economics, Business and Management vol. 5, no. 1, pp.