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  • Founded Date April 3, 1914
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has experienced the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and tasks for the global labor force. This agreement 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, along with 40 labour ministers. According to the ministers, these initiatives will focus on certifying diverse groups, such as new graduates, females, and individuals with impairments, for employment ideal employment through specialised training programs, employment including advancement, instructional efforts, leadership preparation, employment and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently jobless, and almost 20 percent of people aged 15 to 54 are either employed or employment taken part in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship initiative

These stats have actually also revealed that almost 40 percent of employers report problems in filling jobs due to an inequality in between workforce skills and labour market needs, with youth unemployment exceeding 30 percent in some regions globally. Related News
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Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate need to develop thorough strategies to resolve these typical obstacles efficiently.” “Transforming them into opportunities, eventually we can all interact to make sure the success of our economies, neighborhoods, and workforces.” The minister also noted that the agreements concentrate on improving operational performance, cultivating development, and driving value 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, INSEAD, UiPath, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and employment Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable cooperations 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 provide tailored training programmes focused on management advancement and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
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Business Day, developed in 2001, is a daily company 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 employment Ghana

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