Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 agreements and Memoranda of Understanding (MOU) between various entities, aiming to supply countless training opportunities and jobs for the global labor force. This agreement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, www.opad.biz 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 focus on certifying varied groups, such as brand-new graduates, females, and individuals with impairments, for suitable employment through specialised training programs, including advancement, 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 nearly 20 percent of individuals aged 15 to 54 are either employed or [empty] taken part in education, https://accountshunt.com/employer/opad/ institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative
These stats have also revealed that almost 40 percent of companies report difficulties in filling jobs due to a mismatch between workforce abilities and labour market needs, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent requirement to establish comprehensive techniques to resolve these typical obstacles efficiently.” “Transforming them into chances, ultimately we can all work together to make sure the success of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements focus on improving operational effectiveness, cultivating development, and driving worth production 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, 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 notable cooperations emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among students and the labor force, to name a few. Share
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