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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, to provide thousands of training chances and jobs for the global labor force. This contract was signed at the second 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 concentrate on certifying diverse groups, such as new graduates, women, and individuals with impairments, for appropriate employment through specialised training programmes, including advancement, academic efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), https://www.opad.biz/employer/empleosrapidos approximately 67 million young individuals are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either employed or engaged in education, organizations, sowjobs.com or training programmes. Read likewise: Boost for business owners as IBPLC creates tasks with Hero apprenticeship initiative


These statistics have also shown that nearly 40 percent of employers report troubles in filling jobs due to a mismatch in between labor force skills and labour market needs, https://teachersconsultancy.com with youth joblessness exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated "These figures highlight the urgent requirement to develop detailed techniques to attend to these common difficulties effectively." "Transforming them into chances, eventually we can all interact to guarantee the prosperity of our economies, neighborhoods, and workforces." The minister also kept in mind that the agreements focus on improving functional efficiency, fostering innovation, and driving value development in alignment with Saudi Vision 2030. Key entities associated with these agreements include 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, www.opad.biz and Princess Nourah bint Abdulrahman University.
The GLMC's MOU will see several notable partnerships emerged. INSEAD will provide academic services, while partnerships with Space Faculty and [empty] ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and capability structure. 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 advancement. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among students and the labor force, to name a few. Share
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