New Global Labor Market Academy Opens Under Saudi Leadership
Riyadh has become the focal point for a growing international collaboration on one of the world’s most pressing issues: the future of work. On Friday, Saudi Vice Minister of Human Resources and Social Development for Labor, Dr. Abdullah Abuthnain, inaugurated the second edition of the Global Labor Market Academy, marking a significant expansion of this ambitious initiative.
The academy, now welcoming 19 new member countries, has grown to include a total of 50 nations. This diverse assembly transforms the program into a truly global hub, dedicated to exchanging expertise on labor market trends and crafting innovative policy solutions.
A Year-Long Journey of Capacity Building
More than just a conference, the academy offers participants a comprehensive, year-long academic program. Its core mission is capacity building and international employment policy development. By bringing together policymakers and experts from across the world, it fosters a unique environment for shared learning and the co-creation of strategies to address common challenges.
The opening sessions, led by specialists from the World Bank, set a urgent tone. Discussions centered on the indispensable role of robust social and labor policies in tackling worldwide issues, with a particular emphasis on enhancing employment opportunities for youth—a demographic crucial to global economic stability and growth.
Saudi Arabia as a Conduit for Global Dialogue
The expansion of the academy underscores Saudi Arabia’s evolving role on the international stage. By hosting and spearheading this initiative, the Kingdom is positioning itself not only as a nation undergoing its own remarkable labor market transformation under Vision 2030 but also as a proactive conduit for global dialogue and development.
The ambitions are clear and forward-looking. The initiative aims to extend its reach to more than 75 countries by 2028. This goal signals a commitment to solidifying Riyadh’s position as a key player in shaping responsive and resilient international labor markets.
In a world where technological change and economic shifts redefine work at an unprecedented pace, the Global Labor Market Academy stands as a timely and vital platform. It represents a collective recognition that the challenges of unemployment, skills gaps, and fair work transitions are borderless—and that their solutions are best forged through collaboration, knowledge sharing, and shared vision.
Also Read:
Yemen Security Forces Reveal STC Weapons and Explosives Used in Attacks
Trump and Al-Sharaa Call for Stronger Efforts to Keep Syria United
