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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 agreements and Memoranda of Understanding (MOU) between different entities, intending to supply thousands of training opportunities and jobs for the international labor force. This agreement 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, together with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying varied groups, such as brand-new graduates, ladies, and people with disabilities, for ideal work through specialised training programs, consisting of development, instructional initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently out of work, and nearly 20 percent of people aged 15 to 54 are either utilized or taken part in education, institutions, or training programs. Read also: Boost for business owners as IBPLC produces tasks with Hero apprenticeship initiative

These stats have actually also revealed that almost 40 percent of companies report problems in filling jobs due to an inequality in between workforce skills and labour market needs, with youth joblessness exceeding 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 childcare spaces, to increase to 28,000 by 2026, therefore creating jobs

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

Customers’ USSD gain access to undamaged as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to establish detailed strategies to deal with these common difficulties successfully.” “Transforming them into opportunities, eventually we can all collaborate to make sure the success of our economies, communities, and workforces.” The minister also kept in mind that the contracts concentrate on improving operational effectiveness, promoting development, and driving worth creation in positioning with Saudi Vision 2030. Key entities associated with 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 University.
The GLMC’s MOU will see several notable partnerships emerged. INSEAD will provide academic services, referall.us while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs on leadership development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills 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 provide most economical rent in 2025

Business Day, established in 2001, is a daily business newspaper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both day-to-day and Sunday titles. It flows 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 obstacle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.