A study conducted by the Inter-American Development Bank (IDB) has found that the Bahamas would need to develop the work environment so as to ensure a significant number of educators and health care workers are employed by 2040.
In the second issue of its series titled 'The future of work in Latin America and the Caribbean,' the Washington-based financial institution said Nassau would need an estimated 6,000 teachers, 3,000 doctors and 7,000 nurses by the year 2040.
In the 'Education and Health: The sectors of the future?,' the IDB looked at the demand for social sector professionals in 24 countries in the region.
'Our study shows that, even in the framework of the fourth industrial revolution, we can expect the number of teachers, doctors and nurses in Latin America and the Caribbean to continue growing at great speed,' said Marcelo Cabrol, IDB's Social Sector manager.
'Our methodology allows us to know that, for example, a third of the teachers that will be needed in 15 years, and almost two thirds of the doctors and nurses, are people who have not yet begun their working life.
'Faced with this reality, the key is to ensure that these new professionals have the skills and training they need to be the teachers, doctors and nurses of the future,' said Cabrol.
The study's projections are based on a series of variables specific to these sectors. In the case of education, the school-age population, school enrollment rates and the number of children per teacher are considered. For the health sector, the number of doctors is estimated with respect to the aging population that will exist in the coming decades, as well as the proportion of nurses for each doctor.
In addition to presenting...