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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, aiming to supply countless training opportunities and tasks for the worldwide labor force. This contract was signed at the second edition of the GLMC 2025, introduced in Riyadh, horizonsmaroc.com Saudi Arabia, by His Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these efforts will focus on certifying diverse groups, such as brand-new graduates, ladies, and individuals with impairments, for suitable work through specialised training programmes, including development, academic initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently jobless, 64.227.136.170 and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship initiative

These data have likewise shown that almost 40 percent of companies report difficulties in filling vacancies due to an inequality in between workforce skills and labour market needs, with youth unemployment exceeding 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate requirement to develop thorough techniques to address these common challenges successfully.” “Transforming them into opportunities, ultimately we can all work together to ensure the success of our economies, neighborhoods, and labor forces.” The minister also noted that the arrangements focus on improving functional performance, cultivating innovation, and driving worth 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 College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable partnerships emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst students and the workforce, to name a few. Share
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