RIA

Thematragroup

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  • Founded Date September 11, 1914
  • Sectors Beekeeping
  • Posted Jobs 0
  • Viewed 5

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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to offer countless training chances and jobs for the global workforce. This agreement was signed at the 2nd edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, employment 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 concentrate on qualifying diverse groups, such as brand-new graduates, females, and with disabilities, employment for suitable employment through specialised training programs, including development, instructional efforts, employment management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship initiative

These statistics have also shown that almost 40 percent of employers report troubles in filling vacancies due to an inequality between labor force abilities and labour market needs, with youth unemployment surpassing 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 common obstacles successfully.” “Transforming them into chances, eventually we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.” The minister likewise kept in mind that the agreements concentrate on boosting operational effectiveness, fostering innovation, and driving value development in positioning with Saudi Vision 2030. Key entities associated with these arrangements 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, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several notable partnerships emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on management advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and employment Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst students and the labor force, to name a few. Share
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