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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 agreements and Memoranda of Understanding (MOU) between various entities, aiming to provide countless training chances and jobs for the international workforce. This arrangement was signed at the 2nd edition of the GLMC 2025, released 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 efforts will focus on qualifying diverse groups, such as new graduates, ladies, and individuals with disabilities, for appropriate employment through specialised training programmes, including advancement, academic efforts, management preparation, referall.us and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either employed or participated in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship effort

These stats have actually also revealed that almost 40 percent of companies report problems in filling jobs due to an inequality between labor force skills and labour market needs, with youth joblessness exceeding 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 develop comprehensive methods to attend to these typical obstacles efficiently.” “Transforming them into chances, ultimately we can all work together to make sure the success of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the agreements concentrate on enhancing functional effectiveness, fostering innovation, and driving value development in alignment with Saudi Vision 2030. Key entities associated with these agreements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, 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 cooperations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes concentrated on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training efforts. 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 skills among students and the workforce, among others. Share
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