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  • Дата на основаване август 11, 1975
  • Сектори Бизнес,Консултантски услуги
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between numerous entities, aiming to provide thousands of training opportunities and jobs for the global workforce. 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 Social Development, along with 40 labour ministers. According to the ministers, these efforts will focus on certifying varied groups, such as new graduates, females, and individuals with disabilities, for ideal work through specialised training programmes, including advancement, educational initiatives, leadership preparation, job and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These statistics have also revealed that almost 40 percent of companies report difficulties in filling vacancies due to a mismatch in between workforce skills and labour market needs, with youth unemployment going beyond 30 percent in some regions globally. Related News
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Highlighting the significance of these agreements, Alrajhi said „These figures highlight the urgent need to establish detailed techniques to address these common difficulties successfully.“ „Transforming them into chances, eventually we can all work together to guarantee the prosperity of our economies, neighborhoods, and labor forces.“ The minister also noted that the agreements concentrate on improving functional effectiveness, cultivating development, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with these arrangements 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 noteworthy collaborations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on management development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among trainees and the workforce, to name a few. Share
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