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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to provide countless training and tasks for the worldwide labor force. This contract was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, [empty] the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as new graduates, ladies, and individuals with specials needs, for ideal employment through specialised training programmes, including advancement, educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These statistics have also shown that nearly 40 percent of companies report difficulties in filling vacancies due to a mismatch between labor force abilities and labour market demands, with youth joblessness exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent requirement to develop detailed methods to attend to these typical difficulties effectively.” “Transforming them into opportunities, ultimately we can all work together to ensure the prosperity of our economies, communities, and workforces.” The minister also noted that the agreements concentrate on enhancing functional performance, promoting innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities involved in these arrangements include the Ministry of Human Resources and Social Development (HRSD), xpressrh.com the International Labour Organization (ILO), thematragroup.in Takamol Holding, INSEAD, linked web site UiPath, Bella Vista Institute of Higher Education, 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 knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on management advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force certifications and mature office porno vids training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and the labor force, to name a few. Share
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