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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, intending to provide countless training chances and tasks for the international labor force. This arrangement 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, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as new graduates, women, and people with specials needs, for ideal work through specialised training programmes, including development, [empty] instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or participated in education, organizations, [empty] or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These stats have likewise revealed that almost 40 percent of companies report difficulties in filling jobs due to an inequality between workforce abilities and labour market needs, https://internship.af/employer/teachersconsultancy/ with youth unemployment going beyond 30 percent in some areas internationally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent requirement to develop comprehensive methods to address these typical difficulties effectively.” “Transforming them into opportunities, eventually we can all collaborate to make sure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the arrangements concentrate on enhancing operational performance, fostering innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities involved in these arrangements 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 numerous notable cooperations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs concentrated on management development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training efforts. Princess partnered with SEA Ventures to foster entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, to name a few. Share
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