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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) between various entities, intending to supply countless training chances and jobs 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 concentrate on certifying varied groups, such as brand-new graduates, females, and individuals with impairments, for referall.us ideal work through specialised training programmes, consisting of development, instructional efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for and Development (OECD), around 67 million young individuals are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These data have actually also shown that almost 40 percent of employers report difficulties in filling jobs due to a mismatch in between labor force abilities and labour market needs, with youth unemployment surpassing 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, thus creating jobs

British Airways flight reverses as harmful fumes make guests and team ill

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate requirement to develop thorough techniques to deal with these typical difficulties effectively.” “Transforming them into opportunities, eventually we can all interact to make sure the prosperity of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements concentrate on enhancing functional performance, promoting development, and driving value production in alignment 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 numerous notable partnerships emerged. INSEAD will offer 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 deliver tailored training programmes concentrated on management development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, developed 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 nations that escaped low-income status because 2000

Five African cities offer most inexpensive lease in 2025

Business Day, developed in 2001, is an everyday business paper 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

Find out more …

For Digital Adverts: [email safeguarded] 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 cautions

© 2025 – Businessday NG. All Rights Reserved.