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Founded Date Aralık 7, 1958
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to supply thousands of training chances and jobs for the international workforce. This contract was signed at the second 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 concentrate on qualifying diverse groups, such as new graduates, referall.us women, and individuals with impairments, for suitable employment through specialised training programs, consisting of development, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently unemployed, and nearly 20 percent of people aged 15 to 54 are either employed or participated in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship effort

These statistics have also revealed that almost 40 percent of companies report problems in filling jobs due to a mismatch between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate need to establish comprehensive strategies to deal with these common challenges efficiently.” “Transforming them into chances, ultimately we can all interact to make sure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the arrangements focus on enhancing functional efficiency, promoting innovation, and driving value development in positioning with Saudi Vision 2030. Key entities involved in these arrangements consist of 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 notable cooperations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and capacity building. 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 significant development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the workforce, to name a few. Share
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