WB: 300 million new jobs needed for MENA region by 2050

The World Bank said that the Middle East and North Africa (MENA) region needs to create 300 million new jobs by 2050.

Vice President for MENA at the World Bank, Farid Belhaj, took part in a conference on the theme “Investing in Human Capital for a Better Future for the Region” held Friday in Tunis.

Two reports on global development prospects for 2019 and education in the MENA region were presented as part of the event.

In turn, World Bank (WB) Co-ordinator Federica Salio said “Tunisia is the first country to adopt the human capital index, while countries in the Middle East and North Africa (MENA) region are still behind.”

This index allows countries to measure the impact of their investments in the health and education of the population on future productivity, she pointed out, stressing the importance of seizing this opportunity to ensure social growth.

Speaking about the opportunities offered by the new technologies to employment, she specified that in Europe 32 thousand jobs had been created thanks to ITCs.

Saliola proposed in this regard, the creation of a digital platform in North Africa to keep abreast of the digital development.

A change of activities and working conditions should be done in order to catch up with this constant progress and create new hiring possibilities, she added.

Several jobs will be removed because of the digital revolution and some positions will be replaced by robots, she warned, calling for adapting the human resources to progress.

A radical change in the need for manpower has been noticed, the official said, prompting a serious reflection on the methods to be invented especially that the conventional work is disappearing.

The competition laws in the world of work are changing, she warned, calling to know how to take up this challenge by investing in the human capital.


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