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  • Founded Date July 14, 1913
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to offer thousands of training opportunities and tasks for the international workforce. This arrangement was signed at the second 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, along with 40 labour ministers. According to the ministers, these efforts will focus on qualifying diverse groups, such as new graduates, women, and individuals with disabilities, for suitable employment through specialised training programmes, consisting of advancement, academic initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently jobless, and nearly 20 percent of individuals aged 15 to 54 are either employed or participated in education, organizations, or training programs. Read likewise: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship effort

These stats have likewise shown that nearly 40 percent of employers report difficulties in filling jobs due to an inequality between labor force abilities and labour market needs, with youth joblessness going beyond 30 percent in some areas globally. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent requirement to develop extensive techniques to resolve these common challenges efficiently.” “Transforming them into chances, eventually we can all interact to make sure the success of our economies, communities, and labor forces.” The minister likewise noted that the arrangements focus on boosting functional effectiveness, cultivating innovation, and driving value production in positioning with Saudi Vision 2030. Key entities associated with these agreements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy collaborations emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst students and the labor force, to name a few. Share
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Business Day, developed in 2001, is an everyday service newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It flows in Nigeria and Ghana

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