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) in between various entities, intending to supply thousands of training chances and tasks for the worldwide workforce. This agreement 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 . According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, females, and people with disabilities, for appropriate work through specialised training programs, consisting of development, instructional initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or [empty] taken part in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship initiative

These data have also shown that almost 40 percent of employers report difficulties in filling jobs due to a mismatch between workforce skills and labour market demands, with youth unemployment going beyond 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to establish extensive strategies to deal with these common obstacles effectively.” “Transforming them into chances, ultimately we can all collaborate to ensure the prosperity of our economies, neighborhoods, and workforces.” The minister likewise noted that the arrangements focus on boosting operational effectiveness, cultivating development, and driving value creation in alignment 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), Takamol Holding, INSEAD, UiPath, sowjobs.com Bella Vista Institute of College, the Saudi Logistics Academy, dirkohlmeier.de the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs concentrated on leadership advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among students and the workforce, among others. Share
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