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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to supply thousands of training chances and jobs for the global workforce. This contract 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, along with 40 labour ministers. According to the ministers, these initiatives will focus on groups, such as brand-new graduates, females, and people with impairments, for ideal employment through specialised training programmes, including development, educational efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for [empty] Economic Cooperation and Development (OECD), around 67 million young individuals are currently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either utilized or engaged in education, organizations, or training programs. Read also: Boost for business owners 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 workforce abilities and labour market needs, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to establish extensive methods to resolve these common obstacles efficiently.” “Transforming them into chances, eventually we can all interact to ensure the success of our economies, communities, and labor forces.” The minister also noted that the contracts focus on boosting operational performance, cultivating innovation, and driving value development in positioning with Saudi Vision 2030. Key entities associated with these arrangements include the Ministry of Human Resources and [empty] 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 academic services, while partnerships with Space Faculty and ProFun will check out development and https://teachersconsultancy.com knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes concentrated on management development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the workforce, among others. Share
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