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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training opportunities and tasks for the global workforce. This agreement was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these will concentrate on qualifying diverse groups, such as new graduates, ladies, and people with disabilities, for suitable employment through specialised training programmes, including advancement, educational initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently unemployed, and almost 20 percent of people aged 15 to 54 are either used or taken part in education, organizations, or employment training programs. Read likewise: Boost for employment entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These data have actually also revealed that almost 40 percent of companies report problems in filling vacancies due to an inequality between workforce skills and labour market needs, with youth unemployment going beyond 30 percent in some regions internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop thorough methods to address these common difficulties successfully.” “Transforming them into chances, eventually we can all interact to make sure the success of our economies, neighborhoods, and workforces.” The minister also kept in mind that the arrangements concentrate on boosting operational effectiveness, fostering innovation, and driving value development in alignment with Saudi Vision 2030. Key entities involved in these arrangements include 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 provide academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management development and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the workforce, employment to name a few. Share
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