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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 contracts and Memoranda of Understanding (MOU) in between various entities, aiming to offer thousands of training opportunities and tasks for the worldwide labor force. This contract was signed at the second edition of the GLMC 2025, in Riyadh, Saudi Arabia, redefineworksllc.com 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 brand-new graduates, ladies, and people with disabilities, for ideal employment through specialised training programmes, including development, educational efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are currently unemployed, and almost 20 percent of people aged 15 to 54 are either employed or participated in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship effort

These stats have also revealed that almost 40 percent of companies report problems in filling vacancies due to a mismatch in between labor force skills and labour market needs, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate requirement to develop thorough strategies to address these typical difficulties successfully.” “Transforming them into chances, eventually we can all interact to make sure the prosperity of our economies, communities, and workforces.” The minister also noted that the agreements concentrate on enhancing functional performance, fostering development, and driving value production in alignment with Saudi Vision 2030. Key entities included in these contracts 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 GLMC’s MOU will see numerous 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 programmes concentrated on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the labor force, to name a few. Share
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