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) between numerous entities, aiming to provide countless training chances and tasks for the global workforce. This agreement 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, employment in addition to 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, employment such as new graduates, women, and individuals with impairments, for appropriate work through specialised training programs, including advancement, instructional initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and nearly 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These statistics have actually likewise shown that nearly 40 percent of companies report troubles in filling vacancies due to an inequality between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some regions globally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent requirement to develop detailed strategies to attend to these common challenges effectively.” “Transforming them into opportunities, ultimately we can all work together to ensure the success of our economies, communities, and labor forces.” The minister likewise noted that the arrangements focus on enhancing functional efficiency, promoting innovation, and driving value creation in positioning with Saudi Vision 2030. Key entities associated with 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 College, employment the Saudi Logistics Academy, the Ministry of Tourism, employment and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and employment the Saudi Logistics Academy will provide customized training programmes focused on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A substantial development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the workforce, amongst others. Share
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities