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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training opportunities and [empty] tasks for the international labor force. This agreement was signed at the 2nd edition of the GLMC 2025, released 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 efforts will focus on qualifying varied groups, such as new graduates, women, and individuals with specials needs, for appropriate employment through specialised training programs, consisting of advancement, academic initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for teachersconsultancy.com Economic Cooperation and Development (OECD), roughly 67 million youths are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or taken part in education, organizations, or training programs. Read also: Boost for horizonsmaroc.com business owners as IBPLC produces jobs with Hero effort

These data have actually also revealed that nearly 40 percent of companies report problems in filling jobs due to a mismatch in between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some areas internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated «These figures highlight the urgent requirement to develop comprehensive methods to attend to these common challenges efficiently.» «Transforming them into opportunities, eventually we can all collaborate to ensure the success of our economies, neighborhoods, and workforces.» The minister also kept in mind that the arrangements focus on improving operational efficiency, cultivating development, and driving value development 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, mtglobalsolutionsinc.com 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 several noteworthy cooperations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs focused on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst trainees and the workforce, to name a few. Share
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