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

The Global Labor Market Conference (GLMC), has seen the signing of 31 agreements and Memoranda of Understanding (MOU) between various entities, intending to supply countless training chances and tasks for the international labor force. This contract was signed at the 2nd edition of the GLMC 2025, released in Riyadh, studentvolunteers.us 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 concentrate on certifying diverse groups, such as new graduates, women, and people with disabilities, for suitable work through specialised training programs, consisting of advancement, instructional initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, institutions, or teba.timbaktuu.com training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have likewise revealed that almost 40 percent of companies report difficulties in filling vacancies due to a mismatch between workforce skills and labour market needs, with youth unemployment going beyond 30 percent in some regions globally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate need to develop extensive strategies to deal with these common difficulties efficiently.” “Transforming them into opportunities, eventually we can all interact to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the arrangements focus on enhancing operational efficiency, cultivating development, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with 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 will see numerous noteworthy partnerships emerged. INSEAD will offer scholastic services, sbstaffing4all.com while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among trainees and the labor internship.af force, amongst others. Share
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