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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to supply countless training chances and jobs for the international workforce. This agreement 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 concentrate on qualifying diverse groups, such as new graduates, ladies, and people with impairments, [empty] for suitable employment through specialised training programmes, including development, instructional initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either employed or engaged in education, [empty] organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These data have also shown that almost 40 percent of companies report problems in filling jobs due to an inequality in between labor force abilities and labour market demands, with youth joblessness exceeding 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi said "These figures highlight the immediate need to establish extensive strategies to resolve these typical challenges efficiently." "Transforming them into chances, eventually we can all work together to guarantee the success of our economies, communities, and workforces." The minister also kept in mind that the arrangements concentrate on enhancing operational efficiency, cultivating innovation, and driving value development in alignment with Saudi Vision 2030. Key entities associated with 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 Higher Education, 64.227.136.170 the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC's MOU will see numerous notable collaborations emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable advancement is the facility of the Transfer Centre, developed to advance cybersecurity abilities amongst students and the labor force, among others. Share
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