Jobs after Covid-19: ‘golden opportunity’ for skilled jobseekers
June 5, 2024
By Expat Media
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Jobs after Covid-19: ‘golden opportunity’ for skilled jobseekers
The aftermath of Covid-19 has given governments around the world a “golden opportunity” to create new jobs, according to a new report.
A new report published by the World Government Summit Organisation estimates that while around 30 percent of today’s jobs are at significant risk of automation, new jobs will come up as the world moves to digital economies.
The report estimated that "the application of digital solutions and artificial intelligence to green transformation can contribute up to $5.2 trillion to the global economy by 2030”.
“New types of sustainable jobs can be produced in line with the next phase of economy," said Mohamed Yousef Al Sharhan, Deputy Managing Director of the World Government Summit Organisation.
Tech-savvy skilled workers can benefit from these new jobs. "Jobs and opportunities created by the green and digital twin transitions will require new skills, with people needing to adapt to working alongside digital technologies,” said Randa Bahsoun of PwC Middle East.
“The common denominator of the new sectors emerging from the twin transitions is skills. Countries that are quicker to develop their 'skills economy', one where people and technology complement each other to innovate, will have the competitive edge and will be able to create a stronger chance of achieving inclusive and sustainable development," Bahsoun added.
The report advised governments "to use skills policies through alerts, incentives, financial support, or legal and regulatory requirements to increase skills".
It also called for "reducing information asymmetries and coordinating interventions by facilitating cooperation between the public and private sectors, enabling employers to signal skill needs, and training service providers to respond to those signals".
The report recommended "developing a skills-focused vision of the economy," saying that "developing a skills economy, where people’s talents are used alongside technology to achieve more sustainable prosperity". ICA/WAM/Expat Media
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