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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) between different entities, aiming to offer thousands of training opportunities and jobs for the worldwide labor force. This contract was signed at the second edition of the GLMC 2025, referall.us 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 initiatives will focus on certifying diverse groups, such as brand-new graduates, women, and people with specials needs, for suitable work through specialised training programs, consisting of development, instructional efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either utilized or participated in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These data have also shown that almost 40 percent of companies report difficulties in filling jobs due to an inequality between workforce skills and labour market demands, with youth joblessness exceeding 30 percent in some areas globally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to establish comprehensive strategies to deal with these typical challenges successfully.” “Transforming them into opportunities, ultimately we can all interact to ensure the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the contracts concentrate on boosting operational effectiveness, promoting development, and driving worth development in alignment with Saudi Vision 2030. Key entities included in 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 noteworthy cooperations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on leadership development and capacity structure. 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 cultivate entrepreneurship development. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the workforce, to name a few. Share
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