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

The Global Labor Market Conference (GLMC), employment has actually seen the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, employment intending to offer countless training chances and jobs for the international workforce. This contract was signed at the 2nd edition of the GLMC 2025, released in Riyadh, employment Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, employment these initiatives will concentrate on certifying diverse groups, such as new graduates, women, and individuals with specials needs, for appropriate employment through specialised training programmes, consisting of advancement, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are currently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read also: Boost for employment entrepreneurs as IBPLC creates tasks with Hero apprenticeship initiative

These data have likewise revealed that nearly 40 percent of companies report difficulties in filling jobs due to an inequality between labor employment force abilities and labour market demands, with youth unemployment surpassing 30 percent in some areas globally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent need to establish comprehensive methods to attend to these typical challenges efficiently.” “Transforming them into chances, ultimately we can all collaborate to make sure the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the agreements focus on improving functional efficiency, cultivating 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 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 noteworthy collaborations . INSEAD will supply academic services, employment while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on leadership advancement and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among students and the workforce, to name a few. Share
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