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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to supply thousands of training opportunities and tasks for the worldwide workforce. This arrangement was signed at the second edition of the GLMC 2025, released in Riyadh, Saudi Arabia, referall.us 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 efforts will concentrate on certifying varied groups, such as new graduates, women, and people with impairments, for suitable employment through specialised training programmes, including development, academic efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are presently out of work, and nearly 20 percent of people aged 15 to 54 are either utilized or engaged in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These statistics have also revealed that nearly 40 percent of employers report difficulties in filling jobs due to an inequality in between workforce abilities and labour market needs, with youth unemployment exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate requirement to establish detailed strategies to address these typical difficulties successfully.” “Transforming them into chances, ultimately we can all collaborate to ensure the success of our economies, communities, and labor forces.” The minister also noted that the agreements concentrate on improving functional efficiency, promoting innovation, and driving worth creation in positioning 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 College, 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 academic services, while collaborations with Space Faculty and ProFun will and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on leadership development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst trainees and the labor force, among others. Share
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