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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 contracts and Memoranda of Understanding (MOU) between various entities, intending to offer thousands of training chances and jobs for the international workforce. This arrangement was signed at the second edition of the GLMC 2025, released 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 initiatives will focus on certifying varied groups, such as new graduates, females, and people with disabilities, for ideal employment through specialised training programmes, consisting of development, instructional efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently jobless, and sowjobs.com almost 20 percent of people aged 15 to 54 are either used or participated in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These statistics have actually also revealed that almost 40 percent of companies report troubles in filling vacancies due to a mismatch between labor force abilities and labour market demands, with youth unemployment going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to establish extensive methods to address these typical obstacles successfully.” “Transforming them into opportunities, eventually we can all interact to make sure the prosperity of our economies, communities, and workforces.” The minister also noted that the arrangements concentrate on boosting operational performance, 64.227.136.170 cultivating development, https://sowjobs.com and driving worth creation in positioning with Saudi Vision 2030. Key entities associated with these contracts consist of the Ministry of Human Resources and Social Development (HRSD), opad.biz 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 several noteworthy partnerships emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes concentrated on leadership advancement and capacity structure. The Ministry of Tourism inked MoUs with and Arabian Airports to establish labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among trainees and the labor force, to name a few. Share
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