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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor employment Market Conference (GLMC), has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, intending to provide countless training opportunities and jobs for the global workforce. This agreement was signed at the 2nd 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, together with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as brand-new graduates, females, and individuals with disabilities, for appropriate through specialised training programs, including development, academic efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), employment roughly 67 million young people are presently jobless, and almost 20 percent of individuals aged 15 to 54 are either used or participated in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative
These statistics have likewise shown that nearly 40 percent of employers report troubles in filling jobs due to an inequality in between labor force skills and labour market needs, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to develop thorough techniques to resolve these common challenges successfully.” “Transforming them into opportunities, ultimately we can all work together to guarantee the prosperity of our economies, communities, and workforces.” The minister also kept in mind that the arrangements focus on enhancing functional efficiency, fostering innovation, and driving value production in alignment with Saudi Vision 2030. Key entities associated with these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy partnerships emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among trainees and the workforce, among others. Share
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