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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, intending to offer thousands of training chances and jobs for the worldwide workforce. This arrangement was signed at the 2nd edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, job 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 concentrate on qualifying varied groups, such as brand-new graduates, ladies, and people with disabilities, for ideal work through specialised training programs, consisting of advancement, educational initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and job Development (OECD), around 67 million young people are currently jobless, and almost 20 percent of people aged 15 to 54 are either utilized or engaged in education, organizations, or training programs. Read also: Boost for business owners as IBPLC creates tasks with Hero apprenticeship effort

These data have likewise shown that nearly 40 percent of employers report problems in filling jobs due to a mismatch in between labor force skills and labour market demands, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
Canadian province includes 13,000 kid care areas, to increase to 28,000 by 2026, therefore creating jobs

British Airways flight reverses as toxic fumes make travelers and crew ill

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to establish extensive strategies to resolve these typical obstacles successfully.” “Transforming them into opportunities, eventually we can all collaborate to ensure the prosperity of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the agreements concentrate on enhancing operational performance, cultivating innovation, and driving worth production in positioning 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), job 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 noteworthy partnerships emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will check out development and job 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 establish labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African nations that got away low-income status considering that 2000

Five African cities provide most inexpensive rent in 2025

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

Learn 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 financial autonomy faces fresh hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.