Technological Skills on the Rise in Saudi Workforce
Technological advancements, economic shifts, and geopolitical factors are reshaping the global job market. The World Economic Forum anticipates the creation of 170 million jobs by 2030, despite a projected displacement of 92 million roles, resulting in a net increase of 78 million jobs.
Job growth is expected primarily in frontline positions such as agriculture, delivery, and construction. Additionally, there will be heightened demand for professionals in healthcare, education, artificial intelligence, and renewable energy sectors.
Skill gaps pose a significant challenge, with 40% of job skills expected to change. Employers are focusing on technological opportunities, with 77% planning to enhance their workforce’s skills. Despite this, human skills like creativity and analytical thinking remain crucial.
Automation is set to impact workforce size, with roles like cashiers and administrative assistants facing significant reductions due to AI advancements. However, Middle Eastern companies, particularly in Saudi Arabia and the UAE, are optimistic about talent availability by 2030.
Regional employers are keen on automation, with expected task automation rates of 45% in Saudi Arabia and 43% in the UAE by 2030, surpassing the global average. Technological literacy is increasingly vital, with 70% of Saudi employers and 87% in the UAE emphasizing its importance, alongside skills in cybersecurity and big data.
The report calls for urgent collaboration between governments, businesses, and educational institutions to address skill gaps and promote reskilling and upskilling. Ensuring access to emerging job opportunities and necessary skills is critical for the region’s workforce transformation.