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

The Global Labor Market Conference (GLMC), has seen the signing of 31 arrangements and Memoranda of Understanding (MOU) in between different entities, intending to provide countless training opportunities and tasks for the international workforce. This contract was signed at the 2nd edition of the GLMC 2025, introduced 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 new graduates, females, referall.us and individuals with impairments, for ideal work through specialised training programmes, including advancement, academic efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or taken part in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship initiative

These stats have likewise shown that almost 40 percent of companies report difficulties in filling jobs due to a mismatch between workforce skills and labour market needs, with youth joblessness exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate requirement to develop extensive methods to address these common obstacles efficiently.” “Transforming them into opportunities, eventually we can all collaborate to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister also noted that the arrangements concentrate on enhancing operational performance, fostering development, and driving worth development in alignment 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 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 partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on management development and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training initiatives. Princess Nourah University partnered with SEA to foster entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, among others. Share
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