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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, intending to supply thousands of training chances and jobs for the global workforce. This arrangement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 labour ministers. According to the ministers, these efforts will focus on qualifying varied groups, such as new graduates, women, and individuals with disabilities, for suitable work through specialised training programmes, including advancement, instructional initiatives, management preparation, and referall.us knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are currently jobless, and nearly 20 percent of individuals aged 15 to 54 are either utilized or participated in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These stats have likewise revealed that almost 40 percent of companies report problems in filling vacancies due to an inequality in between workforce skills and labour market needs, with youth joblessness exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate need to develop detailed techniques to deal with these typical challenges efficiently.” “Transforming them into chances, eventually we can all work together to ensure the prosperity of our economies, communities, and labor forces.” The minister also noted that the arrangements concentrate on enhancing operational effectiveness, fostering development, and driving worth development in alignment with Saudi Vision 2030. Key entities involved in these arrangements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), 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 a number of notable collaborations emerged. INSEAD will services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on management development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce 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, designed to advance cybersecurity skills among students and the workforce, to name a few. Share
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