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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to offer countless training opportunities and tasks for the worldwide labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, referall.us introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, females, and people with specials needs, for suitable employment through specialised training programs, including advancement, instructional efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These stats have also revealed that nearly 40 percent of employers report problems in due to an inequality between workforce abilities and labour market needs, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the immediate need to develop comprehensive methods to deal with these typical obstacles successfully.” “Transforming them into opportunities, eventually we can all work together to ensure the success of our economies, communities, and workforces.” The minister likewise kept in mind that the contracts focus on enhancing functional efficiency, promoting development, and driving value production in positioning with Saudi Vision 2030. Key entities associated with these agreements consist of 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 a number of notable collaborations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs concentrated on management development and capability building. 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 promote entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and the labor force, among others. Share
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