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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, aiming to provide thousands of training chances and jobs for the global labor force. This agreement 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 focus on qualifying diverse groups, such as brand-new graduates, ladies, and individuals with impairments, for appropriate employment through specialised training programs, consisting of advancement, educational initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, referall.us organizations, or training programmes. Read likewise: Boost for business owners as IBPLC creates tasks with Hero apprenticeship effort

These data have likewise revealed that nearly 40 percent of companies report problems in filling vacancies due to a mismatch in between workforce skills and labour market needs, with youth joblessness exceeding 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, thus developing jobs

British Airways flight turns back as poisonous fumes make passengers and team ill

Customers’ USSD access undamaged as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to develop thorough techniques to attend to these typical challenges effectively.” “Transforming them into chances, ultimately we can all interact to make sure the success of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the arrangements concentrate on boosting operational effectiveness, fostering innovation, and driving worth creation in alignment with Saudi Vision 2030. Key entities included in these arrangements 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 Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship . A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among students 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 provide most budget friendly rent in 2025

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

Read More …

For Digital Adverts: [email secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

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

LGAs financial autonomy faces fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.