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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has witnessed the signing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to offer countless training chances and jobs for the global labor teachersconsultancy.com force. This contract was signed at the second edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, [Redirect-302] by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, [empty] along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying varied groups, such as brand-new graduates, ladies, and individuals with disabilities, for appropriate work through specialised training programmes, including development, instructional initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently unemployed, and almost 20 percent of individuals aged 15 to 54 are either employed or https://sowjobs.com/employer/aaalabourhire/ taken part in education, institutions, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship initiative
These data have actually also revealed that nearly 40 percent of companies report problems in filling jobs due to a mismatch between workforce skills and labour market needs, with youth joblessness going beyond 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent need to develop thorough strategies to address these common obstacles efficiently.” “Transforming them into opportunities, eventually we can all work together to guarantee the prosperity of our economies, communities, and workforces.” The minister also kept in mind that the arrangements focus on boosting functional efficiency, cultivating innovation, and [empty] driving value creation in alignment 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, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and bint Abdulrahman University.
The GLMC’s MOU will see several notable partnerships emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership advancement and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and the labor force, amongst others. Share
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