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

The Global Labor sowjobs.com Market Conference (GLMC), has actually witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) between different entities, intending 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, along with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, women, and people with impairments, jobsdirect.lk for suitable employment through specialised training programs, consisting of development, academic efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently unemployed, and nearly 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 creates jobs with Hero apprenticeship initiative

These statistics have also shown that nearly 40 percent of employers report troubles in filling vacancies due to a mismatch in between labor force skills and labour market needs, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi stated "These figures highlight the immediate requirement to develop extensive techniques to attend to these common difficulties successfully." "Transforming them into opportunities, eventually we can all work together to make sure the prosperity of our economies, neighborhoods, and labor forces." The minister also noted that the contracts concentrate on enhancing functional efficiency, promoting development, and driving worth production in alignment with Saudi Vision 2030. Key entities involved in these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), celest-interim.fr 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 notable collaborations emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership development and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor force, among others. Share
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