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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 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to supply thousands of training chances and tasks for the global labor employment force. This contract was signed at the second 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, together with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as new graduates, women, and individuals with disabilities, for suitable work through specialised training programmes, including advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently out of work, and almost 20 percent of people aged 15 to 54 are either employed or taken part in education, organizations, or training programmes. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These data have also shown that nearly 40 percent of employers report problems in filling vacancies due to a mismatch in between workforce skills and employment labour market needs, with youth unemployment surpassing 30 percent in some areas internationally. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent requirement to develop comprehensive techniques to resolve these typical challenges effectively.” “Transforming them into chances, ultimately we can all interact to make sure the prosperity of our economies, communities, and workforces.” The minister also kept in mind that the arrangements focus on boosting operational performance, cultivating development, and driving value creation in alignment with Saudi Vision 2030. Key entities associated with these agreements include the Ministry of Human Resources and employment Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, employment UiPath, Bella Vista Institute of College, employment the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, amongst others. Share
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