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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 agreements and employment Memoranda of Understanding (MOU) between various entities, intending to provide thousands of training chances and tasks for the global workforce. This agreement was signed at the second 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying diverse groups, such as new graduates, women, and people with specials needs, for appropriate employment through specialised training programs, including development, academic efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently out of work, and nearly 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC develops tasks with Hero apprenticeship initiative

These statistics have also shown that nearly 40 percent of employers report troubles in filling jobs due to a mismatch in between workforce skills and labour market demands, with youth unemployment surpassing 30 percent in some areas internationally. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, therefore producing jobs

British Airways flight turns back as toxic fumes make travelers and team ill

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to develop comprehensive methods to deal with these common difficulties successfully.” “Transforming them into chances, ultimately we can all work together to ensure the prosperity of our economies, communities, and workforces.” The minister also kept in mind that the on enhancing operational performance, cultivating innovation, and driving value production 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 Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of notable partnerships emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on management advancement and capability building. 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 advancement. A substantial development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that got away low-income status because 2000

Five African cities offer most inexpensive rent in 2025

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

Read More …

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

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

LGAs financial autonomy deals with fresh obstacle on CBN demand

PDP heading for employment catastrophe in 2027, employment Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.