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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 contracts and Memoranda of Understanding (MOU) between various entities, aiming to provide countless training opportunities and jobs for the worldwide workforce. This contract was signed at the 2nd edition of the GLMC 2025, essencialponto.com.br 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 qualifying varied groups, such as brand-new graduates, females, and people with impairments, for suitable employment through specialised training programs, including development, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and sowjobs.com Development (OECD), approximately 67 million young people are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programmes. Read also: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have actually also shown that nearly 40 percent of employers report problems in filling jobs due to an inequality between labor force skills and labour market demands, with youth unemployment going beyond 30 percent in some areas internationally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent need to establish extensive strategies to deal with these typical difficulties effectively.” “Transforming them into chances, eventually we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.” The minister likewise kept in mind that the agreements concentrate on improving functional performance, cultivating development, and driving value production in positioning with Saudi Vision 2030. Key entities included in these contracts include the Ministry of Human Resources and Social Development (HRSD), www.opad.biz the International Labour Organization (ILO), Holding, INSEAD, UiPath, 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 cooperations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on management development and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among students and the workforce, among others. Share
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Business Day, developed in 2001, is a daily business paper 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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