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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 contracts and Memoranda of Understanding (MOU) in between different entities, aiming to offer thousands of training opportunities and tasks for 64.227.136.170 the worldwide labor force. This arrangement was signed at the second edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, topdubaijobs.ae the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these efforts will concentrate on qualifying varied groups, such as new graduates, ladies, and individuals with impairments, for appropriate employment through specialised training programmes, including development, instructional initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either utilized or participated in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship initiative

These statistics have likewise revealed that almost 40 percent of employers report difficulties in filling vacancies due to an inequality in between workforce abilities and labour market needs, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate need to establish comprehensive strategies to deal with these typical difficulties efficiently.” “Transforming them into chances, ultimately we can all collaborate to make sure the success of our economies, communities, and workforces.” The minister also noted that the contracts concentrate on boosting operational performance, fostering development, and driving worth creation 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 offer scholastic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs focused on leadership development and capability building. The of Tourism tattooed MoUs with Marriott Hotels and sports betting Arabian Airports to establish workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and linked web site the workforce, www.cbl.health to name a few. Share
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