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

The Global Labor Market Conference (GLMC), has seen the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and tasks for the worldwide 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on certifying varied groups, such as new graduates, ladies, and individuals with specials needs, for appropriate employment through specialised training programmes, including advancement, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or participated in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These stats have actually likewise revealed that nearly 40 percent of employers report problems in filling vacancies due to a mismatch in between and labour market demands, with youth unemployment exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate need to develop detailed methods to resolve these common obstacles effectively.” “Transforming them into chances, eventually we can all work together to make sure the success of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the arrangements concentrate on boosting functional performance, cultivating development, and driving value creation in alignment with Saudi Vision 2030. Key entities associated with these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable cooperations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among students and the labor referall.us force, to name a few. Share
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