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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) in between various entities, aiming to provide thousands of training opportunities and tasks for the international workforce. This agreement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these efforts will focus on certifying diverse groups, such as brand-new graduates, ladies, and individuals with specials needs, for employment ideal employment through specialised training programs, consisting of advancement, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, and nearly 20 percent of people aged 15 to 54 are either used or participated in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship effort

These statistics have also revealed that nearly 40 percent of employers report troubles in filling jobs due to an inequality between workforce skills and labour market needs, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate requirement to establish detailed strategies to deal with these typical obstacles efficiently.” “Transforming them into chances, ultimately we can all collaborate to ensure the prosperity of our economies, communities, and labor forces.” The minister also noted that the arrangements focus on improving functional effectiveness, promoting innovation, and driving worth creation in alignment 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, employment 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 several emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and employment training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the labor force, to name a few. Share
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Business Day, established in 2001, is an everyday organization newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both everyday and employment Sunday titles. It circulates in Nigeria and Ghana