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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 contracts and teachersconsultancy.com Memoranda of Understanding (MOU) between numerous entities, aiming to supply countless training chances and jobs for the international labor force. This arrangement 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, in addition to 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as new graduates, women, and people with impairments, for suitable work through specialised training programs, consisting of advancement, instructional efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, horizonsmaroc.com and nearly 20 percent of individuals aged 15 to 54 are either employed or participated in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC develops tasks with Hero apprenticeship initiative

These data have also revealed that almost 40 percent of employers report difficulties in filling vacancies due to an inequality in between workforce abilities and labour market demands, with youth unemployment exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate requirement to develop extensive techniques to address these typical difficulties efficiently.” “Transforming them into chances, ultimately we can all collaborate to guarantee the success of our economies, neighborhoods, and workforces.” The minister also noted that the arrangements concentrate on boosting functional efficiency, fostering development, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these arrangements 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, horizonsmaroc.com and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs focused on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst trainees and the workforce, to name a few. Share
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