Saudi Arabia loses $52BN a year to GASH skills; 5 ways to close the partition ‘gain’
Saudi Arabia is losing 196BN of SR196N each year due to inefficiencies and inefficiencies in labor productivity, according to a new study by Pearson.
The report – “lost in evolution: Repairing the SR62BN’s ‘Sr62Bn’s’ Strates’s ‘Gokulu’ – Highlights how slow, skills are worth billions of State in Sated Naturals.
Pearson’s research found that learning and job transitions take SR62BN ($16.5bn) from the annual income of Saudi citizens, rising by SR196NN ($52.3BN) – or 4.2 percent involving non-Saudi workers.
The Saudi skills gap
Disruption of automation alone accounts for this loss and places 23 percent of jobs in Saudi Arabia at high risk.
The report estimates that reducing the recovery time for affected workers by just 20 percent would add SR6.3bn ($1.68BN) to annual revenue.
Saudi High School and University Graduates currently take an average of 40 weeks to find a job, while expatriate workers spend 11.3 months unemployed before entering the labor market. About 40 percent remain unemployed for more than a year.
Youth unemployment stands at around 15 per cent, and population pressures are mounting as people aged 20-24 are expected to grow from 269m in 2025 to 2020.
Saudi Arabia’s skills gap
| Metric | The result |
| Annual losses of Saudi nations | Sr62BN ($16.5bn) |
| Total loss includes expats | SR196BN ($52.3bn) |
| Share of GDP affected | 4.2 PETER |
| Jobs with a high risk of automation | 23 percent |
| AVG. Time to Get a Degree to Get a Job | 40 weeks |
| AVG. Period of unemployment (displaced workers) | 11.3 months |
| Youth unemployment rate | ~ 15 percent |
5 ways to close the partition ‘gain’
Aligned with Vision 2030, Pearson recommends five coordinated actions between the government, educators, and employers to close the gap and strengthen Saudi Arabia’s learning pipeline –
- Diagnostic Skills Requirements: Founders say educators and employers in identifying the most important roles and skills to enable targeted development programs
- Shitchen Transsure Times: Expand internships, apprenticeships, and training to accelerate the movement from the classroom to the workplace and work-to-work
- Change curricular and training: Align academic and vocational education with real-world market needs and emerging technologies
- Expand work experience opportunities: Faculty-industry collaboration and work placements that bridge the gap between learning and practical work
- Develop labor market intelligence: Invest in platforms that improve visibility into job openings and skills needs to reduce delays and hold-ups in transition
Building a Strong, Future-Ready Workforce
Naseem Tuffaha, Chief Business Officer, Pearson, said: “Saudi Arabia’s youth-driven economy is causing a lot, but the shift in efficiency is costing SR62BN every quarter of jobs with automation risks in the world.
“The solution requires two key shifts: creating modern skills pathways that deliver work-ready skills and making ‘learning a key force across education and industry. This dual approach will help build the ambitions of vision 2030.’
Growing Skills Chasm
This study is part of Pearson’s Global “lost in transition: Adjust the skills research” of the skills research series “, which warns of the potential skills of the world” chasm “between the skills of workers.
The company is looking for basic flexibility in the countries it will learn for life, rekings, and flexible flexibility.
Why is it important
As saudi Arabia works to transform its economy and create higher jobs under vision 2030, talking about “finding” leadership “is increasingly urgent.
Closing the gap between education and employment can unlock billions in productivity gains, strengthen private sector competition, and accelerate the state’s transition to a knowledge-based economy.
