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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 arrangements and Memoranda of Understanding (MOU) in between various entities, intending to offer thousands of training chances and jobs for the international workforce. This agreement was signed at the 2nd edition of the GLMC 2025, mtglobalsolutionsinc.com released 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 focus on certifying varied groups, horizonsmaroc.com such as new graduates, females, and people with impairments, for suitable employment through specialised training programmes, consisting of development, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or taken part in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These data have likewise shown that almost 40 percent of companies report difficulties in filling jobs due to an inequality in between labor force skills and labour market needs, with youth joblessness exceeding 30 percent in some regions worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to establish thorough techniques to deal with these typical difficulties successfully.” “Transforming them into chances, ultimately we can all work together to make sure the success of our economies, neighborhoods, and labor forces.” The minister also noted that the agreements focus on boosting functional performance, promoting development, horizonsmaroc.com and driving worth production in alignment 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 Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable collaborations emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide 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 certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to skills among trainees and the workforce, among others. Share
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