Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 contracts and Memoranda of Understanding (MOU) in between different entities, aiming to supply thousands of training opportunities and tasks for the global workforce. This arrangement was signed at the 2nd edition of the GLMC 2025, released 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 efforts will focus on certifying varied groups, such as brand-new graduates, females, employment and individuals with disabilities, for suitable work through specialised training programmes, consisting of advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are currently jobless, and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These statistics have actually likewise revealed that almost 40 percent of companies report problems in filling vacancies due to a mismatch between labor force abilities and labour market demands, with youth unemployment going beyond 30 percent in some areas globally. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, hence creating tasks

British Airways flight turns back as hazardous fumes make passengers and team sick

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent need to establish detailed methods to deal with these typical challenges successfully.” “Transforming them into opportunities, ultimately we can all work together to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the arrangements focus on boosting functional effectiveness, promoting innovation, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with these agreements 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 several noteworthy partnerships emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that escaped low-income status given that 2000

Five African cities offer most economical rent in 2025

Business Day, established in 2001, is a day-to-day service newspaper based in Lagos. It is the only with a bureau in Accra, Ghana. It has both day-to-day and Sunday titles. It circulates in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail secured] Call Us:08033225506, employment 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs monetary autonomy deals with fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.