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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, intending to provide countless training chances and tasks for the worldwide labor force. This agreement 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, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying varied groups, referall.us such as brand-new graduates, females, and people with impairments, for ideal employment through specialised training programs, including development, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, and almost 20 percent of people aged 15 to 54 are either used or participated in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have likewise revealed that nearly 40 percent of employers report difficulties in filling jobs due to an inequality between workforce abilities and labour market needs, with youth joblessness going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate requirement to develop extensive methods to resolve these typical challenges successfully.” “Transforming them into opportunities, eventually we can all collaborate to make sure the prosperity of our economies, communities, and workforces.” The minister likewise noted that the contracts concentrate on boosting operational performance, cultivating 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 of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will supply 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 programmes focused on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement 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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