United States Supports Verité Research in Identifying Ways to Improve youth entrepreneurship and employment

The United States has supported Verité Research in producing its latest youth labor market assessment. The findings were presented to the public via a webinar titled, “Improving Yo u t h Employment & Entrepreneurship in Sri Lanka: Insights & Strategies”. It was supported under the U.S. Government’s development arm the United States Agency for International Development Agency (USAID)-funded youth skills development and entrepreneurship project, You Lead. The assessment focused on developing innovative methods to improve employment and entrepreneurship among youth in Sri Lanka. Findings focused on overcoming challenges relating to youth unemployment and low female participation in the workforce and to promote entrepreneurship among youth.

USAID Mission Director Mr. Reed Aeschliman noted the importance of strengthening the entrepreneurial mindset that can lead to more gainful and self-employment of youth in Sri Lanka. He further emphasized the importance of increasing women’s participation in the economy and taking effective steps to create more economic opportunities for youth to foster sustainable and itinoTcnlhsu easrireve: ep oercto’sn okemyicregcroomwmthe. nda-

1. Moving youth to OwnAccount Work (OAW)

2. A case for state supported maternity leave benefits Engaging disengaged young women:.

Mr. Charles Conconi, Project Director YouLead, concluded the program by thanking the Verité Research team’s efforts and USAID for supporting this valuable research. He emphasized that Youlead is committed to engage in practical and evidence- based interventions to improve youth entrepreneurship and women’s employment in Sri Lanka.

The full research report can be accessed here: https://www. veriteresearch. org/ publication/ youth- labour- market- assessment-sri-lanka-2020/ 3.