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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) in between various entities, intending to offer countless training opportunities and jobs for the global workforce. This agreement was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, https://studentvolunteers.us/employer/trabahopilipinas the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these will focus on certifying diverse groups, such as brand-new graduates, women, and individuals with specials needs, for appropriate employment through specialised training programs, including development, instructional efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are currently unemployed, and almost 20 percent of individuals aged 15 to 54 are either utilized or taken part in education, celest-interim.fr institutions, akrs.ae or training programmes. Read also: Boost for business owners as IBPLC develops tasks with Hero apprenticeship effort

These data have also revealed that nearly 40 percent of companies report difficulties in filling vacancies due to a mismatch in between labor force abilities and labour market demands, with youth unemployment surpassing 30 percent in some regions internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent need to establish thorough methods to deal with these common challenges efficiently.” “Transforming them into chances, ultimately we can all work together to ensure the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the arrangements focus on enhancing operational performance, promoting development, and driving value development in alignment with Saudi Vision 2030. Key entities included in these agreements include 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 noteworthy collaborations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on management advancement and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
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