Saudi Arabia to Launch First (GLMC) in December 2023
The Ministry of Human Resources and Social Development of Saudi Arabia is set to launch the first annual Global Labor Market Conference (GLMC) in December 2023.
This groundbreaking event aims to advance labor market resiliency for all stakeholders, providing a platform for collaboration and innovation in the face of unprecedented disruption.
The conference will bring together government officials, experts, innovators, business and labor leaders, academics, and non-governmental organizations, as well as U.N. and other multinational institutions to address the pressing issues facing labor markets worldwide.
Promoting Labor Market Harmony
H.E. Ahmed bin Sulaiman Al-Rajhi, the Saudi Minister for Human Resources and Social Development, has expressed his enthusiasm for the conference as a much-needed platform for promoting labor market harmony during a time of significant disruption.
Minister Al-Rajhi acknowledges the importance of collaboration within the global community to achieve the ambitious goals outlined in Saudi Arabia’s Vision 2030 transformation agenda.
Objectives of GLMC
The Global Labor Market Conference aims to achieve several key objectives, including:
- Monitoring the current market situation: The conference will provide a comprehensive overview of the current state of labor markets globally, identifying challenges and opportunities for improvement.
- Enhancing collaborative efforts: GLMC seeks to foster collaboration between various stakeholders, including governments, employers, experts, and organizations.
- Bringing together diverse perspectives: By convening government officials, experts, innovators, business and labor leaders, academics, and non-governmental organizations, GLMC aims to bring together diverse perspectives to tackle common global challenges.
- Addressing key themes: The conference will focus on eight main tracks, including global labor market catalysts, skills and productivity conundrums, labor market makeovers, work for all, artificial intelligence.
Establishing a Forum for Collaboration , Positive Change
The Ministry of Human Resources and Social Development’s commitment to engaging in discussions regarding the latest visions and innovative ideas related to labor markets worldwide is the driving force behind GLMC.
Right Way to Deregulate
Deregulation is a topic of great importance in labor markets. This track will explore the right approach to deregulation, ensuring that it balances the needs of employers, employees, and the overall labor market. Participants will discuss best practices and lessons learned from deregulation efforts worldwide.
Future-Proofed Organization
The final track will focus on creating future-proofed organizations that can adapt to the evolving labor market. Participants will discuss strategies for building resilient organizations, fostering innovation, and preparing for future workforce challenges.
The Global Labor Market Conference (GLMC) is a groundbreaking initiative by the Ministry of Human Resources and Social Development of the Kingdom of Saudi Arabia. By bringing together global stakeholders.
GLMC aims to advance labor market resiliency, promote collaboration, and address the challenges facing labor markets worldwide. Through its comprehensive program, the conference will explore key themes and provide a platform for the exchange of ideas, knowledge, and best practices.
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