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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) in between different entities, aiming to offer countless training opportunities and jobs for the worldwide workforce. This agreement was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of and Social Development, remotejobscape.com in addition to 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as new graduates, females, and people with disabilities, for suitable employment through specialised training programmes, including development, indianpharmajobs.in educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, institutions, or training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These stats have actually also revealed that almost 40 percent of employers report difficulties in filling vacancies due to a mismatch between workforce abilities and labour market demands, with youth unemployment exceeding 30 percent in some regions worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to develop extensive strategies to resolve these typical obstacles efficiently.” “Transforming them into opportunities, eventually we can all interact to guarantee the success of our economies, communities, and workforces.” The minister also kept in mind that the contracts focus on boosting operational performance, fostering innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities associated with these agreements consist of 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 noteworthy partnerships emerged. INSEAD will provide scholastic services, sports betting while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on leadership development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among students and the labor force, amongst others. Share
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