Monaco launches new network for graduates entering the job market

Monaco’s Commission for Graduate Employment (CID) has launched CID Alumni, a new network designed to strengthen ties between the Principality’s graduates and support their professional development.

The community was officially launched on Tuesday, bringing together former CID beneficiaries, young graduates currently entering the workforce, and Monegasques returning to the Principality after studying or working abroad. It is intended to encourage the sharing of experience and opportunities through networking events and themed discussions, with mentoring schemes planned further down the line.

A decade of supporting young job-seekers

The CID was created in 2010 on the initiative of the Prince’s Government, operating under the Department of Social Affairs and Health to help students and young graduates find their footing in the job market. Since then, close to 2,700 young people have received individual support through the commission, with an employment rate of around 78% among those it has helped.

Government cites importance of in-person networking

“With the creation of the CID Alumni community, we are taking a new step forward: that of an active and supportive network, serving young people, in the image of the dynamism of our economic fabric,” said Minister of State Christophe Mirmand, who chairs the CID.

Christophe Robino, Government Councillor-Minister for Social Affairs and Health, meanwhile, acknowledged the rationale behind the initiative. “In an environment where artificial intelligence and social media occupy a prominent place, it is essential to remember that opportunities still rely heavily on human encounters and direct exchange,” he said.

The government has framed the launch as part of its wider commitment to supporting the professional integration of young people within Monaco’s economic and social fabric.

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