护理热潮：通过沙特阿拉伯的技术和职业教育解决护理问题（英）2024

Investment Rating - The report does not explicitly provide an investment rating for the care sector in Saudi Arabia Core Insights - The demand for care services in Saudi Arabia is sharply increasing due to demographic changes and rising female labor force participation, with the population of children under 14 projected to grow significantly and the population of older persons expected to exceed 10 million by 2050 [30][90] - The care provision landscape is characterized by a high reliance on unpaid care work, predominantly performed by women, and a significant share of low-skilled domestic workers, with only 6% of the workforce in health and social work being trained professionals [45][47] - The report emphasizes the importance of Technical and Vocational Education and Training (TVET) in addressing skill gaps and professionalizing the care workforce, proposing a framework to assess skills needs, increase training opportunities, and diversify curricula [58][62] Summary by Sections Executive Summary - A well-functioning care sector enhances quality of life, allows caregivers to pursue careers, increases labor force participation, and reduces the gender wage gap [26][30] - The report highlights the urgent need for trained care workers, estimating a shortage of 1.1 million additional trained professionals to meet the growing demand [56][57] Introduction - The care economy is crucial for addressing the needs of children, older persons, and individuals with disabilities, yet it is often underemphasized by policymakers [69][72] - Quality care services contribute to economic growth and improve work-life balance, particularly for women who are often the primary caregivers [73][74] Demand for Care - The population of potential care recipients is rising rapidly, with significant increases projected for both children and older persons [90][91] - Labor market shifts, particularly the entry of women into the workforce, are tightening the availability of care providers [91][92] Care Provision Landscape - The care workforce is predominantly composed of unpaid caregivers, low-skilled domestic workers, and a small share of trained professionals, with a significant reliance on migrant labor [46][49] - The report notes that almost half of paid care work is performed by untrained domestic workers, raising concerns about the quality of care services [45][48] Professional Care Services - There is a high demand for professional care services, with many vacancies remaining unfilled, indicating a critical shortage of trained professionals in the care economy [55][56] - The report estimates that the trained care workforce needs to increase from 2.2 million to approximately 3.3 million to meet the demand [56][57] Skills Development - TVET is identified as a strategic approach to train individuals for the care economy, addressing current skill gaps and improving service delivery [58][60] - The report proposes the A.I.D.E framework to enhance the care workforce through assessing skills needs, increasing training opportunities, diversifying curricula, and engaging with stakeholders [62][64]