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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) between various entities, aiming to provide thousands of training opportunities and jobs for the international workforce. This contract 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on groups, such as new graduates, females, and people with specials needs, for ideal employment through specialised training programmes, consisting of development, educational efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either employed or participated in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These statistics have actually also shown that nearly 40 percent of companies report troubles in filling jobs due to an inequality between workforce abilities and redefineworksllc.com labour market demands, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop detailed techniques to address these typical challenges efficiently.” “Transforming them into opportunities, ultimately we can all collaborate to guarantee the success of our economies, neighborhoods, and workforces.” The minister likewise noted that the agreements focus on enhancing operational performance, fostering innovation, akrs.ae and driving value development 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, horizonsmaroc.com 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 numerous notable collaborations emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst students and the workforce, to name a few. Share
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