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

The Global Labor employment Market Conference (GLMC), has seen the signing of 31 agreements and Memoranda of Understanding (MOU) between different entities, intending to offer thousands of training opportunities and jobs for the worldwide labor force. This arrangement 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, along with 40 labour ministers. According to the ministers, employment these initiatives will focus on certifying diverse groups, such as new graduates, females, and individuals with impairments, for ideal employment through specialised training programmes, consisting of advancement, initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, institutions, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship initiative

These statistics have likewise revealed that nearly 40 percent of employers report problems in filling vacancies due to an inequality between labor force skills and labour market needs, with youth joblessness exceeding 30 percent in some areas globally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to establish comprehensive methods to address these common challenges efficiently.” “Transforming them into chances, ultimately we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.” The minister also noted that the agreements focus on improving functional performance, cultivating development, and driving value development in alignment with Saudi Vision 2030. Key entities involved in these agreements include the Ministry of Human Resources and Social Development (HRSD), employment the International Labour Organization (ILO), Takamol Holding, 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 numerous noteworthy cooperations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs concentrated on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, employment created to advance cybersecurity abilities among students and the workforce, among others. Share
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