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 various entities, aiming to supply thousands of training opportunities and tasks for the international workforce. This agreement was signed at the second 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, together with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, females, and https://teachersconsultancy.com people with disabilities, for appropriate work through specialised training programmes, Small Amount Loan consisting of development, academic efforts, management preparation, weldersfabricators.com and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or participated in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These data have actually also shown that nearly 40 percent of companies report difficulties in filling vacancies due to a mismatch between labor sowjobs.com force skills and labour market needs, with youth unemployment surpassing 30 percent in some areas internationally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent requirement to establish thorough techniques to deal with these typical obstacles efficiently.” “Transforming them into chances, eventually we can all interact to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister also kept in mind that the contracts concentrate on improving operational effectiveness, fostering innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities involved in these agreements include 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 several noteworthy cooperations emerged. INSEAD will offer 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 customized training programmes concentrated on management advancement and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the workforce, among others. Share
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