Thursday, 25 July 2024

Partnerships With Major International Organizations Announced Ahead of the Inaugural Global Labor Market Conference in Riyadh

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The Ministry of Human Resources and Social Development (MHRSD) is announcing the International Labor Organization (ILO) and World Bank to be ‘Knowledge Partners’ for the Global Labor Market Conference (GLMC) which is taking place from 13-14 December in Riyadh, Saudi Arabia.

Knowing that global labor market challenges must be met with global solutions, the GLMC platform and participants stand to gain from expertise and knowledge exchange with the ILO and World Bank regarding labor market best practices.

ILO Secretary-General Gilbert F. Hongbo will be joining GLMC as a keynote speaker, where he will share his vision for global labor markets, while also identifying challenges these labor markets are expected to face. Also scheduled to participate from the ILO is Dr. Sukti Dasgupta. Dr. Dasgupta directs the ILO’s ‘Conditions of Work and Equality’ Department and has contributed prominently to the fields of employment and gender studies at their intersection with labor markets.

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Both the ILO and World Bank are part of the United Nations ecosystem. With 187 member nations, the ILO works to determine global labor standards and reach common frameworks regarding labor rights, while the World Bank works to finance projects and programs in the developing world to alleviate poverty and provide opportunities for growth.

Secretary-General Hongbo and Dr. Dasgupta will appear among approximately 150 speakers and 2,000 participants from over 40 countries at the upcoming GLMC. The inaugural gathering, held under the ethos ‘Future in Progress,’ is the largest of its kind, and the first to bring together a complete cross-section of labor market stakeholders.

Speakers and participants from both the ILO and World Bank will contribute richly to GLMC by providing invaluable insights on the current conditions facing labor markets, and the future challenges they face. These insights will be spread across 8 key GLMC tracks: Global Labor Market Catalysts; Skills & Productivity Conundrums; Labor Market Makeovers; Work for All; AI Needs People?; Labor Market Re-Engineered; The Right Way to (De)Regulate; and The Future Proofed Organization.

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