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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between numerous entities, intending to offer thousands of training chances and jobs for the international workforce. This agreement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, referall.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 qualifying diverse groups, such as brand-new graduates, females, and people with specials needs, for appropriate work through specialised training programs, including advancement, instructional efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, institutions, or training programs. Read also: Boost for business owners as IBPLC develops jobs with Hero apprenticeship initiative

These stats have also revealed that nearly 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 internationally. Related News
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Highlighting the of these contracts, Alrajhi stated “These figures highlight the urgent requirement to establish detailed techniques to address these typical difficulties successfully.” “Transforming them into opportunities, eventually we can all interact to guarantee the prosperity of our economies, communities, and labor forces.” The minister also noted that the arrangements focus on boosting operational effectiveness, cultivating innovation, and driving value production in alignment with Saudi Vision 2030. Key entities involved in these contracts consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, 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 numerous notable partnerships emerged. INSEAD will provide academic services, 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 leadership advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst students and the workforce, to name a few. Share
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