Riyadh is gearing up to host the Global Labor Market Conference from January 29 to 30, under the esteemed patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud. The event will bring together 45 labor ministers and prominent experts from G20 nations, Europe, Asia, the Middle East, Africa, and the Americas for an international ministerial meeting.
Focus on labor market policies and youth employment
Chaired by the Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi, the Global Labor Market Conference will emphasize future policies and emerging trends in labor markets. It aims to tackle challenges related to youth employment while showcasing innovative initiatives designed to enhance youth participation in the global economy.
This conference presents a remarkable opportunity to unify international efforts in addressing unemployment and youth employment challenges. It will also facilitate discussions on developing policies that meet the changing needs of labor markets in the face of rapid economic and technological advancements.
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Collaboration for enhanced labor policies
Dr. Abdullah Abuthnain, vice minister of Human Resources and Social Development for Labor, stated that the meeting aims to harness the capabilities, expertise, and knowledge of global participants. It serves as a platform for cooperation and collaboration, with the goal of improving policies and legislation, enhancing work environments, and addressing existing challenges. He emphasized that the positive outcomes of these efforts are expected not only to benefit the Saudi labor market but also to have a favorable impact on global markets as a whole.
Comprehensive global initiative
The Global Labor Market Conference is organized in partnership with esteemed organizations such as the International Labour Organization, the World Bank, the United Nations Development Programme, the Organisation for Economic Co-operation and Development, and the Misk Foundation. The conference will feature over 200 speakers from more than 100 countries and aims to spearhead global discussions on the future of labor markets. By doing so, it positions itself as a crucial platform for research, dialogue, and knowledge-sharing, contributing to the establishment of a comprehensive global labor market ecosystem.
