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  • Founded Date September 13, 2001
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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 arrangements and Memoranda of Understanding (MOU) between various entities, aiming to provide countless training opportunities and employment tasks for the global labor force. This agreement was signed at the 2nd 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 focus on certifying diverse groups, such as graduates, females, and individuals with disabilities, for suitable employment through specialised training programs, consisting of development, instructional efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either utilized or participated in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship initiative

These statistics have likewise shown that almost 40 percent of employers report difficulties in filling jobs due to an inequality between workforce abilities and labour market demands, employment with youth unemployment surpassing 30 percent in some regions worldwide. Related News
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Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate requirement to establish thorough techniques to deal with these typical obstacles successfully.” “Transforming them into opportunities, eventually we can all work together to make sure the success of our economies, communities, and labor forces.” The minister likewise noted that the contracts concentrate on boosting functional performance, fostering innovation, and employment driving worth development in alignment with Saudi Vision 2030. Key entities involved in these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, employment 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 innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs focused on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst trainees and the labor force, to name a few. Share
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Business Day, employment developed in 2001, is a day-to-day company 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 distributes in Nigeria and Ghana

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