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  • Categories Creative
  • Founded 1967
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) between various entities, intending to provide countless training opportunities and jobs for the global workforce. This arrangement was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as brand-new graduates, ladies, and people with specials needs, for ideal employment through specialised training programs, including advancement, academic efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently unemployed, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These stats have likewise shown that almost 40 percent of companies report problems in filling jobs due to an inequality between workforce abilities and labour market needs, with youth joblessness exceeding 30 percent in some regions worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate need to establish extensive techniques to resolve these common obstacles efficiently.” “Transforming them into chances, eventually we can all interact to ensure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the agreements concentrate on enhancing operational performance, promoting development, and driving value development in positioning with Saudi Vision 2030. Key entities associated with these contracts consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable partnerships emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on management advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and https://studentvolunteers.us/ the workforce, to name a few. Share
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Business Day, established in 2001, is a day-to-day service paper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both day-to-day and Sunday titles. It flows in Nigeria and Ghana

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