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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, intending to supply countless training opportunities and jobs for the worldwide workforce. This arrangement was signed at the second 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 varied groups, such as brand-new graduates, females, and people with impairments, for ideal work through specialised training programmes, consisting of advancement, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, institutions, or referall.us training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These stats have also revealed that nearly 40 percent of employers report difficulties in filling vacancies due to a mismatch in between workforce abilities and labour market demands, with youth joblessness exceeding 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence producing tasks

British Airways flight reverses as harmful fumes make travelers and team sick

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

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop thorough methods to attend to these common obstacles successfully.” “Transforming them into opportunities, ultimately we can all interact to guarantee the success of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements concentrate on boosting operational performance, cultivating development, and driving worth development in alignment with Saudi Vision 2030. Key entities included in these agreements include the Ministry of 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 supply academic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on leadership advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst trainees and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to remain up to date

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

Five African cities use most budget friendly rent in 2025

Business Day, developed in 2001, is a daily service paper 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 secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy faces fresh obstacle on CBN need

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.