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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, referall.us intending to provide thousands of training chances and jobs for the global labor force. 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, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying varied groups, such as brand-new graduates, females, and people with impairments, for suitable employment through specialised training programmes, including advancement, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently jobless, and almost 20 percent of people aged 15 to 54 are either used or engaged in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship effort

These statistics have also revealed that almost 40 percent of companies report difficulties in filling jobs due to a between labor force skills and labour market needs, with youth unemployment going beyond 30 percent in some areas globally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop detailed strategies to attend to these typical difficulties efficiently.” “Transforming them into opportunities, ultimately we can all work together to ensure the success of our economies, neighborhoods, and workforces.” The minister also noted that the contracts concentrate on improving functional performance, fostering development, and driving value development in positioning 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 College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy partnerships emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst students and the workforce, to name a few. Share
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