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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and jobs for the worldwide workforce. This arrangement was signed at the 2nd 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, ladies, and people with disabilities, for suitable work through specialised training programmes, including advancement, educational initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read also: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These statistics have also shown that almost 40 percent of companies report difficulties in filling vacancies due to a mismatch in between labor force skills and labour market needs, with youth joblessness surpassing 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 requirement to establish extensive strategies to attend to these common difficulties efficiently.” “Transforming them into opportunities, ultimately we can all collaborate to make sure the success of our economies, communities, and labor forces.” The minister also noted that the arrangements concentrate on enhancing functional performance, cultivating development, and teba.timbaktuu.com driving value development in alignment with Saudi Vision 2030. Key entities involved in these contracts 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 a number of noteworthy collaborations emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the labor sowjobs.com force, amongst others. Share
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