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

The Global Labor Market Conference (GLMC), has seen the signing of 31 agreements and Memoranda of Understanding (MOU) between various entities, aiming to supply countless training opportunities and tasks for the global labor force. This contract 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on certifying diverse groups, such as brand-new graduates, females, and individuals with specials needs, for suitable employment through specialised training programmes, including advancement, instructional initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either employed or participated in education, organizations, or training programmes. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These data have likewise shown that almost 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce abilities and labour market demands, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence developing jobs

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

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the immediate need to establish detailed strategies to deal with these typical difficulties successfully.” “Transforming them into chances, ultimately we can all work together to ensure the success of our economies, neighborhoods, and workforces.” The minister likewise noted that the arrangements concentrate on improving operational effectiveness, fostering development, and driving worth development in alignment with Saudi Vision 2030. Key entities involved in these agreements 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, referall.us the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs concentrated on leadership development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst trainees and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to stay up to date

Top 10 African nations that left low-income status since 2000

Five African cities provide most inexpensive rent in 2025

Business Day, established in 2001, is an everyday organization paper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both and Sunday titles. It distributes 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 faces fresh difficulty on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.