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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to supply thousands of training opportunities and jobs for the international workforce. This agreement 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 efforts will focus on qualifying diverse groups, such as new graduates, ladies, and individuals with specials needs, for suitable work through specialised training programmes, including development, educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These statistics have likewise revealed that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce skills and labour market needs, with youth joblessness surpassing 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent need to develop extensive methods to deal with these typical difficulties efficiently.” “Transforming them into opportunities, ultimately we can all interact to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister likewise noted that the agreements concentrate on boosting operational effectiveness, cultivating innovation, and driving worth creation in positioning 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), 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 explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, referall.us designed to advance cybersecurity skills amongst students and the workforce, to name a few. Share
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