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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to supply thousands of training chances and tasks for the international labor force. This agreement was signed at the second 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, together with 40 labour ministers. According to the ministers, these efforts will focus on certifying varied groups, such as brand-new graduates, women, and people with specials needs, for appropriate employment through specialised training programmes, development, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are presently out of work, and nearly 20 percent of individuals aged 15 to 54 are either used or xpressrh.com engaged in education, organizations, or training programmes. Read also: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These statistics have also shown that almost 40 percent of companies report troubles in filling jobs due to a mismatch between workforce skills and labour market needs, with youth joblessness going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent need to establish detailed techniques to resolve these common challenges efficiently.” “Transforming them into chances, eventually we can all work together to make sure the success of our economies, neighborhoods, and workforces.” The minister also noted that the contracts focus on boosting functional performance, fostering innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities associated with these agreements include the Ministry of Human Resources and www.opad.biz Social Development (HRSD), 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 notable partnerships emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor force, amongst others. Share
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