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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities
The Global Labor Market Conference (GLMC), has actually witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) between different entities, aiming to supply thousands of training opportunities and jobs for the international labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, working.co.ke the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying diverse groups, such as new graduates, women, and zeitfuer.abenstein.de people with specials needs, somalibidders.com for suitable employment through specialised training programmes, consisting of development, educational initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are currently jobless, and nearly 20 percent of people aged 15 to 54 are either utilized or engaged in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship initiative
These data have also revealed that nearly 40 percent of companies report problems in filling jobs due to a mismatch between workforce skills and labour market demands, with youth unemployment exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent need to establish detailed strategies to attend to these typical difficulties effectively.” “Transforming them into chances, eventually we can all work together to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister also noted that the contracts focus on enhancing functional effectiveness, cultivating innovation, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with these contracts include the Ministry of Human Resources and 이지론 Social Development (HRSD), [Redirect-302] the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, www.huntsrecruitment.com the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy cooperations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on management advancement and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the workforce, amongst others. Share
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