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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) in between different entities, aiming to supply countless training opportunities and tasks for the global labor force. This arrangement 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, together with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, women, and individuals with impairments, for appropriate employment through specialised training programmes, including advancement, educational efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are presently unemployed, and almost 20 percent of people aged 15 to 54 are either used or engaged in education, organizations, or referall.us training programs. Read also: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship effort

These stats have actually also shown that almost 40 percent of companies report troubles in filling jobs due to a mismatch between labor force abilities and labour market needs, with youth joblessness exceeding 30 percent in some areas globally. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, therefore creating tasks

British Airways flight turns back as harmful fumes make travelers and crew ill

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent requirement to develop comprehensive methods to attend to these typical challenges effectively.” “Transforming them into chances, eventually we can all work together to ensure the success of our economies, communities, and workforces.” The minister also noted that the arrangements focus on improving functional performance, cultivating development, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these contracts 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 several notable collaborations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and the labor force, to name a few. 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 use most economical rent in 2025

Business Day, developed in 2001, is an everyday organization based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It flows in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail protected] 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 deals with fresh obstacle on CBN demand

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.