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

The Global Labor Market Conference (GLMC), employment has experienced the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, intending to offer countless training opportunities and jobs for the global labor force. This agreement 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, along with 40 labour ministers. According to the ministers, these efforts will focus on certifying diverse groups, such as new graduates, females, and people with disabilities, for suitable employment through specialised training programs, including advancement, educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), employment around 67 million youths are currently jobless, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, institutions, employment or training programmes. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These statistics have also shown that nearly 40 percent of employers report problems in filling jobs due to an inequality between labor employment force skills and labour market demands, with youth unemployment surpassing 30 percent in some areas internationally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate need to develop detailed methods to address these common obstacles effectively.” “Transforming them into chances, eventually we can all interact to guarantee the prosperity of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the agreements concentrate on boosting functional performance, promoting innovation, employment and driving value development in positioning with Saudi Vision 2030. Key entities included in these agreements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, employment 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 several noteworthy 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 tailored training programmes concentrated on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the labor force, amongst others. Share
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