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

The Global Labor Market Conference (GLMC), has seen the signing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, intending to offer thousands of training opportunities 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 initiatives will concentrate on certifying varied groups, such as new graduates, females, and individuals with specials needs, for suitable employment through specialised training programmes, including advancement, academic initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently jobless, and employment almost 20 percent of people aged 15 to 54 are either used or participated in education, institutions, or training programmes. Read likewise: Boost for as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have also revealed that nearly 40 percent of companies report difficulties in filling jobs due to an inequality in between labor force skills and labour market demands, with youth joblessness exceeding 30 percent in some areas worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to establish extensive techniques to attend to these typical obstacles efficiently.” “Transforming them into opportunities, ultimately we can all collaborate to guarantee the success of our economies, neighborhoods, and labor forces.” The minister also noted that the agreements focus on improving operational efficiency, employment cultivating innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these contracts 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 noteworthy collaborations emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs focused on management development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor force, amongst others. Share
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