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

The Global Labor Market Conference (GLMC), has actually seen the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to provide countless training chances and jobs for the international workforce. This arrangement was signed at the second edition of the GLMC 2025, https://horizonsmaroc.com introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as new graduates, women, and individuals with impairments, for appropriate employment through specialised training programmes, including development, academic efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, and https://horizonsmaroc.com/ nearly 20 percent of people aged 15 to 54 are either used or participated in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These data have also shown that almost 40 percent of companies report problems in filling jobs 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 agreements, Alrajhi said “These figures highlight the immediate requirement to develop thorough strategies to deal with these typical obstacles efficiently.” “Transforming them into opportunities, ultimately we can all interact to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the contracts focus on improving operational efficiency, cultivating innovation, and driving value development in alignment with Saudi Vision 2030. Key entities included in these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on management development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the workforce, among others. Share
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