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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and tasks for the international labor force. This agreement 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 employment Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on certifying varied groups, such as new graduates, females, and individuals with disabilities, for appropriate work through specialised training programs, including development, instructional efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are currently out of work, and almost 20 percent of people aged 15 to 54 are either utilized or taken part in education, organizations, or training programs. Read likewise: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These data have actually likewise shown that almost 40 percent of employers report troubles in filling vacancies due to an inequality in between labor force abilities and labour market needs, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 kid care spaces, to increase to 28,000 by 2026, thus creating tasks

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

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

Highlighting the significance of these arrangements, employment Alrajhi said “These figures highlight the immediate requirement to develop detailed strategies to deal with these typical challenges efficiently.” “Transforming them into opportunities, eventually we can all collaborate to ensure the prosperity of our economies, communities, and workforces.” The minister likewise noted that the contracts concentrate on boosting operational performance, promoting development, and driving worth production in positioning 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 Higher Education, the Saudi Logistics Academy, the of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of noteworthy cooperations emerged. INSEAD will supply academic services, while collaborations 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 management development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, employment designed to advance cybersecurity abilities among students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities offer most cost effective rent in 2025

Business Day, established in 2001, is a day-to-day service paper based in Lagos. It is the only Nigerian newspaper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It distributes in Nigeria and Ghana

Find out 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 hurdle on CBN demand

PDP heading for disaster in 2027, employment Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.