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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 arrangements and referall.us Memoranda of Understanding (MOU) in between numerous entities, aiming to supply thousands of training chances and jobs for the worldwide labor force. This contract was signed at the second edition of the GLMC 2025, introduced 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 qualifying varied groups, such as brand-new graduates, women, and people with disabilities, for ideal work through specialised training programmes, including advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either utilized or participated in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship effort

These stats have also shown that almost 40 percent of employers report difficulties in filling vacancies due to a mismatch in between workforce abilities and labour market demands, with youth unemployment exceeding 30 percent in some regions worldwide. Related News
Canadian province includes 13,000 kid care areas, to increase to 28,000 by 2026, thus producing tasks

British Airways flight turns back as toxic fumes make guests and crew sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent requirement to establish comprehensive strategies to address these common obstacles effectively.” “Transforming them into chances, ultimately we can all interact to guarantee the success of our economies, neighborhoods, and workforces.” The minister also kept in mind that the agreements concentrate on improving operational efficiency, cultivating development, and driving value development in alignment with Saudi Vision 2030. Key entities associated with these contracts consist of 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 numerous notable partnerships emerged. INSEAD will supply 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 concentrated on management advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 that escaped low-income status because 2000

Five African cities use most inexpensive lease in 2025

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

Learn more …

For Digital Adverts: [e-mail safeguarded] 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 deals with fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.