المملكة: The conclusion of the Labor Market Conference .. Signing 70 agreements serving more than 300,000 beneficiaries
The second edition of the conference, which was held under the slogan “The Future of Work” and organized by the Ministry of Human Resources and Social Development, witnessed the signing of 70 agreements and a memorandum of understanding between government agencies and private companies, serving more than 300 thousand beneficiaries.
Labor Market Conference
The Labor Market Academy was launched at the conference, policy laboratories were launched, and two major laboratories focused on active labor market programs (ALMPS) to enhance youth integration into labor markets, and sectoral skills councils (SSCS) to support private sector participation in developing skills.
The conference witnessed the signing of a number of strategic agreements between government agencies and the private sector to support the labor market, enhance training and employment, develop skills, and enable national cadres in various vital sectors.
Strategic memoranda of understanding
During the second day, a number of strategic notes were signed during the second day, which aims to enhance cooperation between academic authorities and the private sector, in a way that contributes to developing the work environment and stimulating innovation in the areas of training and education.

In the context of continuous research and analysis, the conference issued an international report entitled “Harmony of Labor Markets for Youth”, in partnership with the World Bank, which provided a comprehensive analysis of the reality of the economy of incompletely active youth in the 15-24 age group.
40 dialogue sessions
During the two days of the conference, 40 dialogue sessions were held, with the participation of 200 global speakers, which dealt with fundamental issues such as the impact of artificial intelligence and modern technologies on employment, demographic changes in labor markets, filling the gap between skills and labor market needs, and youth stimulation strategies and green job support.

The International Labor Market Conference is one of the most important global events in this field, as it continues to consolidate its position as a leading global platform that brings governments, the private sector, international organizations, thinkers and experts, with the aim of exchanging knowledge, analyzing new trends, and formulating innovative work strategies to keep pace with the rapid transformations in the market Global work.
The success of the second edition of the International Labor Market Conference confirms the Kingdom’s commitment to play a pioneering role in shaping the future of work globally, by supporting innovation, promoting partnerships, and enabling the workforce, to ensure sustainable, flexible and comprehensive work markets, and the conclusion of the conference constitutes a start towards a new stage that focuses on developing Policies and labor market adaptation to future transformations, where innovation, cooperation and willingness to change remain decisive factors to ensure the success and stability of the workforce in the coming decades.

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