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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, intending to offer countless training chances and jobs for the worldwide workforce. This contract was signed at the second edition of the GLMC 2025, launched in Riyadh, Saudi Arabia, by His 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, ladies, and individuals with disabilities, for suitable work through specialised training programmes, consisting of advancement, instructional initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are currently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or job participated in education, organizations, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These statistics have also shown that almost 40 percent of employers report difficulties in filling jobs due to a mismatch between labor force skills and labour market needs, with youth joblessness going beyond 30 percent in some areas internationally. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence creating tasks

British Airways flight turns back as hazardous fumes make guests and crew sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent need to establish thorough techniques to deal with these common obstacles successfully.” “Transforming them into opportunities, eventually we can all collaborate to guarantee the prosperity of our economies, communities, and workforces.” The minister also kept in mind that the agreements focus on enhancing functional efficiency, promoting development, and driving value creation 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, job 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 collaborations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among trainees and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities provide most cost effective lease in 2025

Business Day, developed in 2001, is an everyday 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 flows in Nigeria and Ghana

Learn 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 deals with fresh hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.