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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) between various entities, intending to provide countless training chances and tasks for the international labor force. This was signed at the 2nd edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and https://teachersconsultancy.com/ Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, women, and people with specials needs, for suitable work through specialised training programmes, consisting of advancement, instructional initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or taken part in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC creates tasks with Hero apprenticeship effort

These statistics have also revealed that almost 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce abilities and labour market needs, with youth unemployment surpassing 30 percent in some regions internationally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent need to establish comprehensive techniques to address these common difficulties effectively.” “Transforming them into chances, eventually we can all work together to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the contracts concentrate on enhancing functional performance, horizonsmaroc.com 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, 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 offer 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 deliver tailored training programs focused on management development and capacity structure. 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 advancement. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, to name a few. Share
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