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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and jobs for the worldwide workforce. This agreement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 labour ministers. According to the ministers, these efforts will concentrate on qualifying varied groups, such as new graduates, women, and individuals with specials needs, for ideal employment through specialised training programs, including development, academic initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and https://teachersconsultancy.com Development (OECD), roughly 67 million youths are presently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or engaged in education, organizations, or training programmes. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship initiative
These data have also revealed that nearly 40 percent of employers report problems in filling jobs due to an inequality in between workforce abilities and labour market demands, with exceeding 30 percent in some regions worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate requirement to develop detailed techniques to deal with these common obstacles effectively.” “Transforming them into opportunities, eventually we can all collaborate to ensure the success of our economies, communities, and labor forces.” The minister also kept in mind that the arrangements focus on boosting operational performance, promoting development, and driving worth creation in alignment with Saudi Vision 2030. Key entities associated with these contracts consist of 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, [empty] and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several notable collaborations 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 customized training programs concentrated on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and linked web site training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst trainees and the labor [empty] force, to name a few. Share
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