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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training opportunities and tasks for the international workforce. This arrangement was signed at the 2nd 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, together with 40 labour ministers. According to the ministers, these efforts will focus on certifying varied groups, such as brand-new graduates, women, and individuals with impairments, for appropriate employment through specialised training programmes, consisting of advancement, employment educational initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read likewise: employment Boost for employment business owners as IBPLC produces jobs with Hero apprenticeship initiative

These statistics have likewise revealed that nearly 40 percent of employers report problems in filling vacancies due to a mismatch between workforce abilities and labour market demands, employment with youth unemployment surpassing 30 percent in some regions internationally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to develop thorough strategies to address these typical difficulties efficiently.” “Transforming them into chances, eventually we can all interact to guarantee the success of our economies, communities, and workforces.” The minister likewise noted that the arrangements concentrate on enhancing operational efficiency, cultivating development, and employment driving value development in positioning with Saudi Vision 2030. Key entities associated with these agreements 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 noteworthy collaborations emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and employment ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on leadership advancement and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among trainees and the workforce, among others. Share
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