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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has actually seen the signing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to offer thousands of training opportunities and tasks for the international labor force. This agreement 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 Social Development, together with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as new graduates, teachersconsultancy.com women, and people with specials needs, for suitable employment through specialised training programmes, including development, educational efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship effort
These statistics have also shown that almost 40 percent of employers report problems in filling vacancies due to a mismatch in between labor force skills and labour market needs, with youth unemployment going beyond 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 comprehensive methods to deal with these common challenges efficiently.” “Transforming them into opportunities, ultimately we can all work together to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister also noted that the arrangements concentrate on improving functional effectiveness, promoting development, and driving value development in positioning with Saudi Vision 2030. Key entities associated with these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, https://sowjobs.com/employer/servicosvip/ Bella Vista Institute of Higher Education, https://horizonsmaroc.com/ the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will provide academic services, jobvn24.com while partnerships with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on management advancement and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and the labor force, among others. Share
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