Re-Dynamizing the Job Machine in MENA (English)

Re-Dynamizing the Job Machine in MENA (English)

• 1.
  Track and address gapsbetween skills demand and skills supply. Monitor upskilling and the empowerment of entrepreneurship. Monitor the demand for employable skills and access to actionable data for decision makers. Supply side 1. Put in place the right policies 3. Provide an ICT platform 2. Raise awareness, articulate a clear strategy, and communicate to enthuse communities Re-Dynamizing the JOB MACHINE 40 MILLIONMENA youth are under-employed, performing jobs below their qualifications. job needed Middle East’s ICT industry value is set to reach USD 173 billion in 2015, more than double its value in 2010. It will create nearly 4.4 million jobs by 2020. However, digitization is making an impact beyond the ICT sector, touching the entire Labor Market. Key Roles for Governments For all stakeholders - especially youth – to connect, collaborate, and co-innovate to create the jobs of tomorrow, MENA governments need to: What’s next?Every year, INSEAD publishes three global indices, respectively, on IT (Global Information Technology Report, with the World Economic Forum), Innovation (Global Innovation Index), and Competitiveness (Global Talent Competitiveness Index). Based on these three indices, we are “MENA Digital and Talent Report” Demand side Reduce Skills Mismatch This “Digital and Talent Report” aims at providing MENA businesses and governments with an assessment tool to monitor talent development – and stimulate dialogue between governments, businesses, and academies to provide the jobs and the opportunities that MENA youth need and deserve. D U B A I • R I YA D H • A M M A N Designed by The Online Project More than half the 369 million inhabitants are under 25 2015 2020 Technology will be a “game changer” in tackling youth unemployment in MENA, but only if the government, private and “people” sectors collaborate effectively, according to a new report. Middle East and North Africa has the highest rate of youth unemployment at 27.2% How ICT Can Impact Labor Markets at all levels Empowering entrepreneurs in all sectors, particularly in SMEs Big Data, Cloud, Social Media, Mobility Facilitating job search and a better matching of jobs and skills across all sectors Facilitating up-skilling in diverse sectors of the economy Providing actionable data to decision makers at all levels 27 million NOT in education, employment, or training. In addition, [1] [1] launching today the: [2] Sources: [1] “The Challenge of Youth Unemployment: Youth Unemployment Visualization 2013.” World Economic Forum. [2] Accelerating Digitization in the Middle East. Strategy&. Technology-Driven Transformation of Labor Markets in MENA