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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) between various entities, intending to supply thousands of training opportunities and jobs for the global workforce. This contract was signed at the second edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying diverse groups, such as new graduates, women, and individuals with specials needs, for ideal employment through specialised training programs, consisting of development, academic efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either utilized or engaged in education, institutions, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These statistics have likewise shown that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch between workforce skills and referall.us labour market demands, with youth joblessness exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the immediate need to establish comprehensive methods to attend to these typical challenges effectively.” “Transforming them into chances, eventually we can all collaborate to make sure the success of our economies, communities, and labor forces.” The minister likewise noted that the arrangements concentrate on improving operational performance, promoting development, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several notable partnerships emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes concentrated on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst and the labor force, amongst others. Share
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