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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, intending to offer countless training chances and tasks for referall.us the worldwide labor force. This agreement 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 certifying varied groups, such as new graduates, ladies, and people with specials needs, for ideal work through specialised training programmes, including advancement, instructional initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently out of work, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have actually also shown that nearly 40 percent of employers report troubles in filling jobs due to an inequality in between workforce abilities and labour market demands, with youth joblessness surpassing 30 percent in some regions internationally. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent need to establish extensive techniques to deal with these typical obstacles efficiently.” “Transforming them into opportunities, eventually we can all work together to ensure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the arrangements focus on enhancing operational efficiency, promoting innovation, and value creation in alignment with Saudi Vision 2030. Key entities associated with these contracts 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 collaborations emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on management development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and the labor force, amongst others. Share
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