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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 contracts and Memoranda of Understanding (MOU) between various entities, aiming to provide thousands of training opportunities and tasks for the worldwide workforce. This arrangement was signed at the 2nd edition of the GLMC 2025, introduced 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, women, and people with disabilities, for appropriate work through specialised training programmes, consisting of development, academic initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programs. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These data have also revealed that almost 40 percent of employers report problems in filling vacancies due to an inequality in between workforce skills and labour market demands, with youth unemployment 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 urgent need to establish comprehensive methods to attend to these typical challenges successfully.” “Transforming them into opportunities, ultimately we can all collaborate to make sure the success of our economies, neighborhoods, and labor forces.” The minister likewise kept in mind that the agreements focus on effectiveness, fostering innovation, and driving value 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, topdubaijobs.ae 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 noteworthy collaborations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and www.working.co.ke the Saudi Logistics Academy will provide tailored training programs focused on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst students and the labor force, to name a few. Share
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