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 different entities, employment intending to supply thousands of training opportunities and employment tasks 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, along with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as new graduates, women, and individuals with disabilities, for ideal work through specialised training programmes, including advancement, academic efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for and Development (OECD), around 67 million young people are currently jobless, and almost 20 percent of individuals aged 15 to 54 are either used or engaged in education, organizations, employment or training programmes. Read also: Boost for business owners as IBPLC produces tasks with Hero apprenticeship initiative

These data have actually also revealed that almost 40 percent of employers report problems in filling vacancies due to a mismatch between workforce abilities and labour market demands, employment with youth unemployment going beyond 30 percent in some areas internationally. 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 resolve these typical difficulties successfully.“ „Transforming them into chances, eventually we can all work together to ensure the success of our economies, communities, and labor forces.“ The minister also kept in mind that the arrangements concentrate on boosting operational effectiveness, fostering innovation, and driving value development in positioning with Saudi Vision 2030. Key entities involved in these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), employment 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 several notable partnerships emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on leadership development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor employment force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the workforce, employment to name a few. Share
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