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

The Global Labor Market Conference (GLMC), employment has witnessed the signing of 31 arrangements and Memoranda of Understanding (MOU) in between numerous entities, aiming to supply thousands of training chances and jobs for the worldwide 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, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying varied groups, such as brand-new graduates, employment women, and people with disabilities, for suitable employment through specialised training programmes, including development, employment instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are presently out of work, and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, organizations, or employment training programs. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These stats have actually also shown that almost 40 percent of employers report troubles in filling vacancies due to a mismatch between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some areas internationally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate need to establish detailed strategies to resolve these typical obstacles successfully.” “Transforming them into chances, eventually we can all collaborate to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the contracts concentrate on enhancing functional performance, fostering innovation, and driving value creation in positioning with Saudi Vision 2030. Key entities associated with 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 numerous notable partnerships emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes focused on leadership development and capability 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 development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
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