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 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, the Minister of Human Resources and Social Development, in addition to 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as new graduates, females, and people with disabilities, for ideal employment through specialised training programmes, including advancement, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either employed or participated in education, institutions, employment or training programmes. Read also: Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship effort

These data have likewise revealed that nearly 40 percent of employers report difficulties in filling vacancies due to a mismatch in between workforce skills and labour market demands, with youth joblessness going beyond 30 percent in some regions globally. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, hence producing jobs

British Airways flight turns back as poisonous fumes make travelers and crew sick

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

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to develop thorough methods to deal with these typical challenges efficiently.” “Transforming them into chances, eventually we can all collaborate to ensure the success of our economies, communities, and workforces.” The minister likewise noted that the agreements focus on improving functional effectiveness, cultivating development, and driving worth development in positioning with Saudi Vision 2030. Key entities associated with these arrangements include the Ministry of Human Resources and employment Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of Higher Education, the Saudi Logistics Academy, the Ministry of Tourism, and employment 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 innovation and understanding sharing. Bella Vista Institute and employment the Saudi Logistics Academy will deliver customized training programs focused on management advancement and capacity building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and employment training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A considerable advancement is the of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities amongst trainees and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to remain up to date

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

Five African cities offer most inexpensive lease in 2025

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

Find out more …

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

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

LGAs financial autonomy faces fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.