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

The Global Labor Market Conference (GLMC), has the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to offer countless training chances and tasks for the global 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 Social Development, in addition to 40 labour ministers. According to the ministers, these efforts will focus on qualifying diverse groups, such as brand-new graduates, ladies, and people with impairments, for appropriate employment through specialised training programs, including advancement, academic efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young individuals are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either used or participated in education, organizations, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These data have likewise shown that almost 40 percent of companies report problems in filling jobs due to an inequality in between workforce abilities and labour market needs, with youth joblessness going beyond 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, thus creating jobs

British Airways flight turns back as harmful fumes make guests and crew sick

Customers’ USSD access undamaged as banks settle USSD debt

Highlighting the significance of these contracts, Alrajhi said “These figures highlight the urgent requirement to establish comprehensive techniques to attend to these typical difficulties successfully.” “Transforming them into chances, eventually we can all work together to guarantee the prosperity of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the contracts focus on improving functional performance, cultivating innovation, and driving value production in alignment with Saudi Vision 2030. Key entities associated with these agreements include 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 several notable partnerships emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs focused on leadership advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills among trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to remain up to date

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

Five African cities offer most inexpensive lease in 2025

Business Day, established in 2001, is an everyday business newspaper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana

Learn more …

For Digital Adverts: [email 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 faces fresh obstacle on CBN demand

PDP heading for catastrophe in 2027, referall.us Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.