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

The Global Labor employment Market Conference (GLMC), has actually witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) in between various entities, intending to offer thousands of training opportunities and tasks for the international workforce. This agreement was signed at the second edition of the GLMC 2025, employment released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, females, and individuals with impairments, for appropriate employment through specialised training programmes, including development, educational efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for employment Economic Cooperation and Development (OECD), approximately 67 million youths are presently out of work, employment and nearly 20 percent of individuals aged 15 to 54 are either used or employment participated in education, organizations, or training programs. Read also: Boost for business owners as IBPLC develops tasks with Hero apprenticeship initiative

These data have actually also shown that almost 40 percent of companies report difficulties in filling vacancies due to a mismatch between labor force skills and labour market demands, with youth unemployment exceeding 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, hence developing tasks

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

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to develop thorough strategies to address these typical difficulties efficiently.” “Transforming them into chances, eventually we can all work together to guarantee the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the contracts concentrate on improving functional performance, fostering development, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, 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 noteworthy partnerships emerged. INSEAD will supply scholastic services, employment while partnerships with Space Faculty and ProFun will check out innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on leadership advancement and employment capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities provide most budget friendly rent in 2025

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

Learn more …

For Digital Adverts: [e-mail secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy deals with fresh difficulty on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 NG. All Rights Reserved.