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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, intending to offer thousands of training opportunities and jobs for the global labor force. 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, in addition to 40 labour ministers. According to the ministers, these efforts will concentrate on qualifying varied groups, such as new graduates, women, and people with disabilities, for suitable work through specialised training programs, including development, educational efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, and almost 20 percent of people aged 15 to 54 are either utilized or taken part in education, institutions, or training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These statistics have actually also shown that nearly 40 percent of companies report difficulties in filling jobs due to a mismatch between labor force skills and labour market needs, with youth unemployment exceeding 30 percent in some areas internationally. Related News
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Highlighting the significance of these agreements, Alrajhi stated "These figures highlight the immediate need to establish thorough techniques to address these typical obstacles effectively." "Transforming them into opportunities, eventually we can all work together to ensure the prosperity of our economies, communities, and workforces." The minister also noted that the agreements focus on boosting operational performance, promoting development, and driving worth development in alignment with Saudi Vision 2030. Key entities involved in these agreements 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 will see several notable collaborations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and xpressrh.com the Saudi Logistics Academy will deliver tailored training programmes concentrated on leadership advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials 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, developed to advance cybersecurity abilities among trainees and the labor cheekarayab.ir force, amongst others. Share
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