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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to supply countless training opportunities and jobs for the international labor force. This agreement was signed at the 2nd edition of the GLMC 2025, introduced in Riyadh, [empty] 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 brand-new graduates, females, and individuals with disabilities, for appropriate employment through specialised training programmes, including development, educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently jobless, and almost 20 percent of people aged 15 to 54 are either utilized or participated in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC develops jobs with Hero apprenticeship effort

These data have likewise revealed that nearly 40 percent of companies report difficulties in filling jobs due to a mismatch between workforce abilities and labour market needs, with youth unemployment going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent need to establish detailed methods to deal with these common challenges efficiently.” “Transforming them into opportunities, ultimately we can all collaborate to guarantee the success of our economies, communities, and labor forces.” The minister also kept in mind that the contracts focus on improving functional effectiveness, cultivating development, and sports betting driving value creation in alignment with Saudi Vision 2030. Key entities included in 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, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah University.
The GLMC’s MOU will see numerous noteworthy cooperations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and https://studentvolunteers.us/employer/animployment/ ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership advancement and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and thematragroup.in Arabian Airports to establish labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor force, among others. Share
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