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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to supply thousands of training opportunities and employment tasks for the international labor force. This agreement was signed at the second edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and Social Development, together with 40 labour ministers. According to the ministers, these efforts will concentrate on qualifying diverse groups, such as brand-new graduates, females, and individuals with impairments, for ideal employment through specialised training programmes, consisting of advancement, educational efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programs. Read likewise: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship effort

These statistics have also revealed that nearly 40 percent of companies report troubles in filling vacancies due to a mismatch between workforce abilities and labour market needs, with youth unemployment exceeding 30 percent in some regions internationally. Related News
Canadian province includes 13,000 child care areas, to increase to 28,000 by 2026, hence developing tasks

British Airways flight turns back as harmful fumes make travelers and crew ill

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

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to establish thorough methods to address these common obstacles successfully.” “Transforming them into chances, ultimately we can all interact to make sure the success of our economies, communities, and workforces.” The minister also noted that the arrangements concentrate on enhancing functional effectiveness, promoting innovation, and driving value development in positioning with Saudi Vision 2030. Key entities included in these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, employment 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 several noteworthy cooperations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored concentrated on management development and capacity structure. 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 development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to remain up to date

Top 10 African countries that left low-income status since 2000

Five African cities offer most budget friendly rent in 2025

Business Day, established in 2001, is a day-to-day organization newspaper 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

Learn more …

For Digital Adverts: [email safeguarded] 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 deals with fresh difficulty on CBN need

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.