State Comptroller Matanyahu Englman on Sunday published an international report on the projected developments in the job market and the conclusions are bleak, as about 45% of jobs in Israel are at risk of undergoing significant changes over the next decade.
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The findings show that 54% of jobs in Israel are at medium risk of becoming irrelevant, while public expenditure on vocational training is 0.07% of the gross domestic product, compared with an average of 0.11% in other member-states of the Organization for Economic Cooperation and Development.
The international report – the brainchild of Englman's office – reviews the findings of audits by various countries, which presented their response to the challenges posed by the changing job market, addressing local issues and offering possible solutions.
The findings indicate that 34% of the jobs in Finland are at significant risk for significant changes, as are 43% of the jobs in South Korea, 45% in Israel, 48% in 19 EU countries on average and in Italy, up to 51% of the jobs are facing various changes in nature.
Labor productivity ranges from $26 per hour of work in Bulgaria, $40 in Korea, $42 in Israel, $53 in Italy, $54 on average in the EU, and $62 in Finland.
Additional data suggests that 20% of employees in Italy have some sort of an academic degree compared with 21% in northern Macedonia, 28% in Bulgaria, 33% in the EU on average, and 46% in Finland. Israel and Korea, where over 50% of the workforce is also academically trained, top the list.
The volume of investment in research and development is 0.4% of GDP in northern Macedonia, 0.76% in Bulgaria, 1.5% in Italy, 2% in the EU on average, 2.8% in Finland, 4.5% in Korea and 4.9% in Israel.
The report also shows that, five years after the Education Ministry introduced a learning reform seeking to teach students 21st-century skills, half of all high school teachers find it lacking and ineffective. The ministry has yet to perform a periodic review of the reform, the report noted.
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