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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) in between different entities, intending to supply thousands of training opportunities and jobs for the international workforce. This agreement was signed at the second edition of the GLMC 2025, introduced 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 qualifying varied groups, such as new graduates, females, and individuals with specials needs, for suitable employment through specialised training programmes, including development, instructional initiatives, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently jobless, and referall.us almost 20 percent of individuals 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 initiative

These stats have likewise shown that nearly 40 percent of employers report difficulties in filling jobs due to an inequality between workforce skills and labour market demands, with youth joblessness exceeding 30 percent in some regions internationally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to develop detailed techniques to address these typical difficulties efficiently.” “Transforming them into opportunities, eventually we can all collaborate to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the contracts focus on improving operational performance, fostering development, and driving worth creation in alignment with Saudi Vision 2030. Key entities involved in these arrangements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman .
The GLMC’s MOU will see a number of noteworthy collaborations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programs focused on leadership advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst trainees and the workforce, 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 paper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It distributes in Nigeria and Ghana