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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) between different entities, aiming to supply countless training chances and thematragroup.in jobs for the global labor force. This agreement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, [empty] 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 certifying diverse groups, such as new graduates, females, and individuals with disabilities, for ideal employment through specialised training programs, consisting of development, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently unemployed, studentvolunteers.us and nearly 20 percent of people aged 15 to 54 are either used or participated in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These statistics have also revealed that almost 40 percent of companies report problems in filling vacancies due to an inequality in between workforce abilities and labour market needs, with youth joblessness exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent need to develop thorough techniques to resolve these common obstacles effectively.” “Transforming them into chances, ultimately we can all collaborate to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the agreements concentrate on boosting operational effectiveness, promoting innovation, and driving worth production in alignment with Saudi Vision 2030. Key entities involved in these arrangements 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 several notable collaborations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and [empty] the Saudi Logistics Academy will deliver customized training programmes concentrated on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and the workforce, among others. Share
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