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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between numerous entities, aiming to provide countless training chances and tasks for the global labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, employment the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as brand-new graduates, ladies, and individuals with disabilities, for ideal employment through specialised training programs, including advancement, educational initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young people are presently unemployed, and employment nearly 20 percent of people aged 15 to 54 are either utilized or engaged in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have likewise revealed that nearly 40 percent of companies report problems in filling vacancies due to an inequality in between workforce abilities and labour market needs, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, thus producing tasks

British Airways flight reverses as hazardous fumes make travelers and crew sick

Customers’ USSD gain access to undamaged as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop extensive methods to deal with these typical difficulties successfully.” “Transforming them into opportunities, eventually we can all work together to make sure the success of our economies, neighborhoods, and workforces.” The minister likewise noted that the agreements concentrate on enhancing operational effectiveness, promoting innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities associated with these contracts 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 collaborations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and ProFun will explore innovation and employment knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes focused on management development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, developed 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 countries that left low-income status since 2000

Five African cities provide most budget friendly lease in 2025

Business Day, developed in 2001, employment 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 daily and Sunday titles. It distributes in Nigeria and Ghana

Find out more …

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

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

LGAs monetary autonomy deals with fresh obstacle on CBN need

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.