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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between numerous entities, aiming to provide countless training chances and jobs for the international workforce. This arrangement was signed at the second of the GLMC 2025, released in Riyadh, Saudi Arabia, 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 initiatives will concentrate on certifying diverse groups, such as new graduates, women, and people with impairments, for appropriate employment through specialised training programs, consisting of advancement, instructional initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and celest-interim.fr Development (OECD), roughly 67 million youths are currently unemployed, and almost 20 percent of individuals aged 15 to 54 are either used or participated in education, institutions, or thematragroup.in training programs. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship initiative

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 areas internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to develop thorough methods to attend to these common obstacles effectively.” “Transforming them into opportunities, ultimately we can all work together to make sure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the contracts concentrate on boosting operational efficiency, promoting development, and driving value development in positioning with Saudi Vision 2030. Key entities associated with these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, horizonsmaroc.com Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and 24-Hour Loan Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of noteworthy partnerships emerged. INSEAD will offer scholastic 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 programmes concentrated on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, among others. Share
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