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

The Global Labor Market Conference (GLMC), has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, aiming to provide thousands of training opportunities and jobs 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, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, women, and people with specials needs, for suitable employment through specialised training programmes, consisting of advancement, academic initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either employed or taken part in education, organizations, or training programs. Read likewise: Boost for referall.us business owners as IBPLC produces tasks with Hero apprenticeship effort

These stats have also shown that nearly 40 percent of companies report difficulties in filling jobs due to a mismatch between labor force skills and labour market demands, with youth unemployment going beyond 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, therefore creating jobs

British reverses as toxic fumes make guests and crew sick

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

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate requirement to establish detailed techniques to resolve these common obstacles successfully.” “Transforming them into opportunities, ultimately we can all work together to guarantee the success of our economies, neighborhoods, and workforces.” The minister also noted that the contracts concentrate on enhancing functional efficiency, promoting development, and driving value production 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 notable collaborations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes focused on management advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications 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, designed to advance cybersecurity skills among trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most budget-friendly rent in 2025

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

Learn more …

For Digital Adverts: [e-mail protected] 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 need

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.