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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer countless training opportunities and tasks for the worldwide workforce. This contract 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 certifying diverse groups, such as new graduates, ladies, and people with specials needs, for suitable employment through specialised training programs, consisting of development, educational efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or participated in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These stats have actually also shown that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch in between labor force skills and labour market needs, with youth unemployment surpassing 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 gain access to undamaged as banks settle USSD debt

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate requirement to develop comprehensive strategies to address these typical challenges efficiently.” “Transforming them into chances, eventually we can all interact to make sure the success of our economies, communities, and workforces.” The minister likewise kept in mind that the arrangements concentrate on boosting functional performance, fostering innovation, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these agreements consist of 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 numerous notable collaborations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will and referall.us understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst students and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities provide most cost effective lease in 2025

Business Day, developed in 2001, is a day-to-day service newspaper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates 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 financial autonomy faces fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.