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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, aiming to provide countless training opportunities and tasks for the global labor force. This arrangement 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying diverse groups, such as brand-new graduates, females, and people with disabilities, for suitable employment through specialised training programmes, including development, academic initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programmes. Read likewise: teachersconsultancy.com Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship effort

These statistics have also revealed that nearly 40 percent of companies report problems in due to a mismatch between labor force skills and labour market demands, with youth joblessness going beyond 30 percent in some regions globally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop extensive methods to attend to these common difficulties efficiently.” “Transforming them into opportunities, ultimately we can all interact to make sure the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the arrangements concentrate on improving functional effectiveness, promoting development, and driving value production in positioning with Saudi Vision 2030. Key entities associated with these contracts consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), [empty] 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 a number of noteworthy partnerships emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on management advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor altaqm.nl force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst students and the labor force, amongst others. Share
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