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

The Global Labor Market Conference (GLMC), has actually seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between numerous entities, intending to supply countless training chances and jobs for the international labor force. 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 initiatives will concentrate on certifying varied groups, such as new graduates, females, and people with impairments, for appropriate employment through specialised training programs, including advancement, instructional initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are presently jobless, and almost 20 percent of individuals aged 15 to 54 are either employed or participated in education, institutions, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These data have likewise shown that nearly 40 percent of employers report problems in filling jobs due to an inequality in between workforce abilities and labour market demands, with youth unemployment exceeding 30 percent in some regions globally. Related News
Canadian province adds 13,000 child care spaces, to increase to 28,000 by 2026, hence developing tasks

British Airways flight reverses as harmful fumes make passengers and crew ill

Customers’ USSD gain access to intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate requirement to develop thorough techniques to deal with these typical challenges effectively.” “Transforming them into opportunities, eventually we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements concentrate on improving functional performance, fostering development, and driving worth production in positioning 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 partnerships emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on management advancement and capacity building. The 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 cultivate entrepreneurship advancement. A significant advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities use most economical rent in 2025

Business Day, established in 2001, is a daily service 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 circulates in Nigeria and Ghana

Find out more …

For Digital Adverts: [email safeguarded] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: employment 08068545123
Advert And Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs monetary autonomy faces fresh hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.