Ammon News - The Ministry of Human Resources and Social Development of the Kingdom of Saudi Arabia is launching the first annual Global Labor Market Conference (GLMC).

GLMC will be held on December 13 – 14, 2023, with the aim of advancing labor market resiliency for all stakeholders. The conference's objectives include monitoring the current market situation, fostering collaborative efforts to enhance it, and bringing together government officials, experts, innovators, business and labor leaders, academics, non-governmental organizations, as well as U.N. and other multinational institutions to address these issues.

H.E. Ahmed bin Sulaiman Al-Rajhi, the Saudi Minister for Human Resources and Social Development, has welcomed the conference as a much-needed platform for promoting labor market harmony during a time of unprecedented disruption. Minister Al-Rajhi expressed gratitude to the Kingdom's leadership for its contributions to a more resilient labor market on a national, regional, and global scale through Saudi Arabia's Vision 2030 transformation agenda.

He emphasized that Saudi Arabia aspires to set an example for labor markets and recognizes that the success of Vision 2030's ambitious goals hinges on broad collaboration within the global community.

GLMC will focus on eight main tracks: global labor market catalysts, skills and productivity conundrums, labor market makeovers, work for all, artificial intelligence, the labor market reengineered, the right way to deregulate, and the future proofed organization.

This event stems from the Ministry of Human Resources and Social Development's willingness to engage in discussions regarding the latest visions and innovative ideas related to labor markets worldwide. This aligns with the Ministry's vision of emphasizing the role of employers and governments in creating a harmonious and inclusive labor market while establishing internationally recognized models and practices, in line with the Kingdom's objectives through various conference activities.

The conference coincides with the rapid technological advancements in global labor markets, which have introduced challenges requiring multi-faceted solutions for their mitigation and the development of proactive measures.