Job market in Matara

The job market in Matara, Sri Lanka, is experiencing a dynamic shift as the city continues to develop economically in 2024.Key local industries such as tourism, agriculture, and fishing play a significant role in Matara's economy, providing numerous employment opportunities.Recent infrastructure projects, including the expansion of the Southern Expressway, have enhanced connectivity and are expected to boost local business activities.The city's growth prospects are promising, with emerging sectors like renewable energy and IT services gaining traction.

Top Industries in Matara

Matara is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Matara include:
Tourism
Tourism remains a cornerstone of Matara's economy, attracting both local and international visitors to its beaches and cultural sites.
Range: $15-$30k
Growth rate: 5%
Some job openings:
Matara Beach Resort is hiring: Hotel Manager, Tour Guide
Southern Tours is hiring: Travel Consultant, Marketing Specialist
Agriculture
Agriculture is a vital industry in Matara, with a focus on tea, coconut, and rice production.
Range: $10-$25k
Growth rate: 3%
Some job openings:
Matara Agro Farms is hiring: Farm Manager, Agricultural Technician
Fishing
Fishing is a traditional industry in Matara, providing livelihoods for many local families.
Range: $8-$20k
Growth rate: 2%
Some job openings:
Matara Fisheries is hiring: Fisherman, Fish Processing Worker
Renewable Energy
The renewable energy sector is emerging in Matara, with investments in solar and wind energy projects.
Range: $20-$50k
Growth rate: 7%
Some job openings:
Green Energy Lanka is hiring: Project Engineer, Energy Analyst
Information Technology
The IT sector in Matara is growing, with a focus on software development and IT services.
Range: $25-$60k
Growth rate: 10%
Some job openings:
Matara Tech Solutions is hiring: Software Developer, IT Support Specialist

Employment Trends and Growth Rates

Matara is witnessing a steady job growth rate, particularly in the IT and renewable energy sectors, which are expanding rapidly.

The Gini index highlights moderate income inequality, but efforts are being made to create more equitable job opportunities.

There is a noticeable trend towards lower job turnover in stable industries like agriculture and fishing, while tech and energy sectors see higher mobility.

Job Market for Remote and Freelance Workers in Matara

Remote work is gaining popularity in Matara, with approximately 20% of the workforce engaged in remote jobs, particularly in IT and digital marketing.

Local companies such as Matara Tech Solutions are offering remote positions, and platforms like RemoteJobs.lk are popular for finding such opportunities.

The trend towards remote work is expected to continue growing, aligning with national trends.

Job Resources and Networking

Matara offers several job resources, including local job boards like MataraJobs.lk and career fairs hosted by the Matara Chamber of Commerce.

Networking events and workshops are regularly organized by local business associations to help job seekers connect with potential employers.

Entrepreneurial hubs such as the Matara Innovation Center provide support for startups and tech entrepreneurs.

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Property Prices Rankings

The Property Prices Rankings for Sri Lanka evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Jan, 2025
Colombo
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