الرئيس التنفيذي لشركة تكامل القابضة لـ CNBC عربية: 30% انخفاض في معدل البطالة بالسعودية خلال السنوات الأربع الماضية
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00:00 We looked at the labor markets in the world in general and found that if efforts are made between different labor markets and economies,
00:12 this will create a bigger economic return for the world in general, and create more jobs for the world in general, and create more opportunities for the world in general.
00:20 We looked at all the events that take place in the world, and the economic events in particular, and have to do with the labor market.
00:28 We did not find a conference that serves the world as a think tank or an intellectual engine for the future of labor markets in the world.
00:37 The intellectual engine studies and analyzes what happens, what are the unemployment engines, what are the competitive engines, what are the production engines,
00:46 what are the needs of the global labor market, how do you raise the skills of labor researchers?
00:52 All this, if you put it in one place, you will find similar questions and scattered answers in all the geographies of the world.
01:01 The decision was made to have a conference that brings together all these minds, all these ideas, all these economists,
01:10 legislators, and economists and labor market engineers in the world, and decision-makers from workers, labor owners, and government agencies.
01:21 If they are in one place, they will think in a more integrated way.
01:26 When we studied what is in the world, we found that this will be a unique thing, and it serves as if the international economic forum is specialized in the global labor markets.
01:39 This was the main engine and the main idea for the first version of the international labor market conference.
01:45 What is the role of technology today in the labor market and employment?
01:49 One of the questions we asked ourselves at the beginning was why this conference is in Saudi Arabia, why this conference is in Riyadh?
01:55 When we reviewed what happened in the labor markets or in the Saudi labor market during the past four or five years, I will give you the numbers,
02:04 very simple things. The unemployment rate in the Kingdom decreased from 12% in 2019, i.e. before the pandemic, to 8% today, 8.3% unemployment.
02:15 During the pandemic, it rose to 15%, and now it has decreased to 8.3%.
02:20 If you compare this decrease with the rate of the pandemic, it is 40% decrease in unemployment rates.
02:27 If you compare it with the rate before the pandemic, it is 25% to 30% decrease.
02:32 A decrease of this size in unemployment has not happened before in many, if not in all, markets of the world.
02:38 This is the first reason we found an answer that there is a certain formula in the Saudi labor market that calls for us to share this experience,
02:48 talk about this experience, and evaluate and adjust this experience in dealing with the challenges of labor markets in the world.
02:56 The second thing is the digital transformation, which I asked about is technology.
03:00 What happened during the past three or four years is that we put the entire labor market, the entire labor market platform, in one platform, which is the power platform.
03:11 In many labor markets in the world, you find scattered or distributed things.
03:17 You find a side that issues visas, a side that documents contracts, a side that manages labor disputes, a side that manages inspection,
03:25 a side that manages the freedom of movement of workers from one worker to another.
03:31 What we did in the Kingdom, may God bless you, is that in the power platform, we completed all the steps or everything related to the labor market in one platform.
03:41 From the permission to obtain a visa, to the verification of the skills of the worker, to issuing a visa, to the documentation of contracts between the worker and the employer,
03:49 to smart, directed, self-verification, and electronic inspection, to the freedom of movement of workers, to the end of contractual relations, to the protection of wages.
04:03 All the steps are in one platform.
04:06 This is a big transformation.
04:08 Again, we did not find anything like it in the world, that someone has a complete platform for the labor market in one platform.
04:18 This opens up a very wide range of reading these data, analyzing these data, and coming up with decisions, directions, and suggestions for improvement based on actual data in this platform.
04:34 The last question is related to artificial intelligence and technology in general.
04:39 How do you use it in this area, whether in the field of employment or in the field of data analysis?
04:47 And also, what do we expect in the coming period from the employment in the Kingdom? Will you focus on certain sectors?
04:56 First of all, there are certain sectors that lead to the creation of jobs in the Saudi economy.
05:04 This is in the last movement, and based on the vision of 2030, many jobs were created in sectors such as tourism, sports, entertainment, technology, media, and culture.
05:18 These sectors were the biggest drivers for the creation of jobs in the last few years, and this will continue in the coming years.
05:25 As for artificial intelligence, this question is still open.
05:29 The world will know in the coming years whether artificial intelligence will contribute to reducing the gap between people and providing opportunities for everyone,
05:41 or will it contribute to increasing this gap between people who are able to adopt these technologies and people who are not able to adopt them.
05:48 But this is one of the most important discussions of the conference, and on the basis of which more than one session will discuss how artificial intelligence can be exploited in the most exemplary way
05:59 to create a great economic value that is in return for economies, businesses, and individuals.