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

The Global Labor Market Conference (GLMC), has actually witnessed the signing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to provide countless training chances and jobs for the global workforce. This agreement was signed at the second 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, along with 40 labour ministers. According to the ministers, these initiatives will focus on certifying varied groups, such as brand-new graduates, ladies, and individuals with disabilities, for appropriate work through specialised training programs, consisting of development, educational initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either used or participated in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC produces tasks with Hero apprenticeship effort

These data have actually also shown that almost 40 percent of companies report problems in filling vacancies due to a mismatch in between labor force skills and labour market needs, with youth joblessness surpassing 30 percent in some regions internationally. Related News
Canadian province includes 13,000 child care areas, to increase to 28,000 by 2026, therefore producing jobs

British Airways flight reverses as poisonous fumes make travelers and team sick

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

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate requirement to develop comprehensive methods to attend to these typical obstacles effectively.” “Transforming them into opportunities, eventually we can all work together to guarantee the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the contracts concentrate on boosting functional effectiveness, promoting development, and driving value production in alignment with Saudi Vision 2030. Key entities included in these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, referall.us 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 a number of noteworthy cooperations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most economical rent in 2025

Business Day, in 2001, is an everyday service 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 flows in Nigeria and Ghana

Find out 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 monetary autonomy faces fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.