Saudi Minister Al-Rajhi Highlights Global Workforce Development at GLMC 2025

Minister Al-Rajhi Highlights Saudi Arabia's Commitment at GLMC



On January 29, 2025, in Riyadh, the second edition of the Global Labor Market Conference (GLMC) launched under the auspices of His Excellency Ahmed bin Sulaiman Al-Rajhi, the Minister of Human Resources and Social Development of Saudi Arabia. The conference aimed to address the challenges faced in the labor market worldwide and set a framework for international collaboration. Minister Al-Rajhi reaffirmed Saudi Arabia's role as a global leader in labor reform and expressed the country’s dedication to creating inclusive and resilient employment strategies that resonate with the goals outlined in Vision 2030.

At the opening session, Al-Rajhi highlighted the necessity for nations to work together in an interconnected world. The minister stated, "Our commitment to fostering international collaboration is essential for tackling the pressing labor market challenges we face today. Saudi Arabia is at the forefront of this effort, advocating for sustainable solutions that empower nations to overcome workforce hurdles efficiently." His remarks set a tone of optimism and proactive engagement throughout the conference.

The conference witnessed a significant gathering of over 5,000 participants from 150 countries, including dignitaries, policymakers, and experts. Among the notable interactions, Minister Al-Rajhi met with His Excellency Gilbert Houngbo, the Director-General of the International Labour Organization (ILO). Their discussions led to a strategic cooperation agreement between Saudi Arabia and the ILO, focusing on training programs aimed at developing young professionals in line with global best practices. This agreement is poised to foster an environment where emerging talents can gain invaluable international experience.

Amidst a series of high-level meetings, Al-Rajhi conferred with officials from various countries, including Argentina, Kenya, Jordan, Nepal, Pakistan, and Indonesia. These discussions revolved around shared labor market challenges and innovative strategies to cultivate resilient economies. The minister emphasized the need for nations to address workforce disparities collectively, arguing that collaboration is key to preparing future workforces.

In a move to solidify Saudi Arabia's commitment to labor reforms, Minister Al-Rajhi announced the establishment of the Global Labor Market Academy in partnership with the World Bank. This base in Riyadh will offer essential tools and resources for policymakers, particularly from developing nations, enabling effective labor market reforms that cater to local needs. Furthermore, the academy aims to equip young professionals with skills necessary to prosper in today's evolving job landscape.

Additionally, a highlight from the conference was the launch of the "Navigating Tomorrow" report, which aims to analyze trends affecting the global labor market. This report will be a critical resource in identifying essential skills for the future, crafting strategies that bridge the gaps in workforce capabilities through lifelong learning and collaborations between public and private sectors.

The GLMC also served as a networking platform, facilitating exchanges among over 200 esteemed speakers, CEOs, and labor ministers. Its outcomes will undoubtedly extend beyond the conference floor, providing actionable insights that can be implemented globally. Al-Rajhi closed the conference with a call to action: "It is our shared responsibility to create environments that not only foster employment but also ensure that workers are equipped for the future. Let’s unite our efforts on this critical journey."

This year’s Global Labor Market Conference shed light on the importance of collaboration in addressing global labor market challenges, showcasing Saudi Arabia’s ongoing commitment to not only leading in this sphere but also partnering with nations worldwide to enhance workforce readiness for the future.

Topics Policy & Public Interest)

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