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  • Founded Date 21/07/1950
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has seen the signing of 31 agreements and Memoranda of Understanding (MOU) in between numerous entities, intending to provide thousands of training chances and tasks for the international workforce. This arrangement 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, in addition to 40 labour ministers. According to the ministers, these efforts will concentrate on certifying diverse groups, such as brand-new graduates, females, and people with specials needs, for appropriate work through specialised training programs, including advancement, instructional initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are jobless, and nearly 20 percent of individuals aged 15 to 54 are either used or participated in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC develops jobs with Hero apprenticeship effort

These data have likewise shown that nearly 40 percent of companies report difficulties in filling vacancies due to an inequality between workforce skills and labour market demands, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
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Highlighting the significance of these arrangements, Alrajhi stated „These figures highlight the urgent requirement to develop extensive strategies to deal with these typical difficulties efficiently.“ „Transforming them into opportunities, eventually we can all work together to make sure the prosperity of our economies, neighborhoods, and labor forces.“ The minister likewise noted that the arrangements focus on enhancing functional effectiveness, fostering development, and driving value production in alignment with Saudi Vision 2030. Key entities associated with these contracts include 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 Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of notable partnerships emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on leadership development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among trainees and the labor referall.us force, to name a few. Share
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Business Day, developed in 2001, is a day-to-day organization 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 circulates in Nigeria and Ghana

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