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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to offer thousands of training chances and jobs for the international labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and sowjobs.com Social Development, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as new graduates, women, and inquiry people with impairments, for appropriate work through specialised training programs, consisting of development, Small Amount Loan instructional efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are currently jobless, and almost 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 jobs with Hero apprenticeship initiative

These statistics have actually also shown that nearly 40 percent of companies report troubles in filling vacancies due to an inequality in between labor force skills and labour market needs, with youth joblessness exceeding 30 percent in some areas internationally. Related News
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Highlighting the significance of these contracts, Alrajhi said „These figures highlight the urgent requirement to develop extensive strategies to resolve these typical difficulties efficiently.“ „Transforming them into opportunities, eventually we can all collaborate to guarantee the prosperity of our economies, neighborhoods, and workforces.“ The minister also kept in mind that the arrangements concentrate on boosting operational efficiency, cultivating innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, jobs.constructionproject360.com the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several notable collaborations emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to skills among students and the workforce, among others. Share
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