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) in between numerous entities, intending to offer thousands of training opportunities and tasks for the global workforce. This agreement was signed at the 2nd edition of the GLMC 2025, launched 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 initiatives will concentrate on qualifying varied groups, such as brand-new graduates, women, [empty] and individuals with impairments, for through specialised training programmes, including advancement, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or participated in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship effort

These statistics have likewise shown that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce skills and labour market needs, internship.af with youth unemployment going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to establish thorough techniques to resolve these common challenges successfully.” “Transforming them into chances, eventually we can all collaborate to ensure the success of our economies, neighborhoods, and labor forces.” The minister also noted that the arrangements concentrate on improving operational effectiveness, promoting innovation, and driving value development in positioning with Saudi Vision 2030. Key entities associated with 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 GLMC’s MOU will see numerous notable collaborations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will check out innovation and hornyofficebabes.com/archive/movies-homemade/ understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes focused on leadership development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
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