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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 agreements and job Memoranda of Understanding (MOU) between different entities, aiming to provide countless training chances and tasks for the international workforce. 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, along with 40 labour ministers. According to the ministers, these efforts will focus on qualifying varied groups, such as new graduates, ladies, and individuals with specials needs, for ideal employment through specialised training programs, including development, instructional efforts, management preparation, and knowledge-sharing partnerships
    Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either utilized or taken part in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

    These data have actually likewise revealed that nearly 40 percent of companies report problems in filling vacancies due to an between labor force skills and labour market needs, with youth unemployment going beyond 30 percent in some regions globally. Related News
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    Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent requirement to establish comprehensive methods to address these common challenges efficiently.” “Transforming them into opportunities, eventually we can all work together to make sure the prosperity of our economies, communities, and labor forces.” The minister also noted that the agreements concentrate on enhancing functional performance, fostering development, and driving value creation in alignment with Saudi Vision 2030. Key entities involved in 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, and Princess Nourah bint Abdulrahman University.
    The GLMC’s MOU will see a number of noteworthy collaborations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, among others. Share
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