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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to supply countless training chances and jobs for the global workforce. This arrangement was signed at the second edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these efforts will concentrate on qualifying diverse groups, such as brand-new graduates, ladies, and people with disabilities, for suitable work through specialised training programmes, including development, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently jobless, and nearly 20 percent of people aged 15 to 54 are either utilized or engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These statistics have actually also shown that nearly 40 percent of companies report troubles in filling vacancies due to a mismatch in between workforce skills and labour market needs, with youth joblessness surpassing 30 percent in some areas globally. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, hence creating tasks

British Airways flight turns back as toxic fumes make travelers and team ill

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 establish thorough strategies to deal with these typical obstacles successfully.” “Transforming them into chances, ultimately we can all interact to make sure the success of our economies, communities, and labor forces.” The minister also noted that the arrangements focus on enhancing operational performance, promoting innovation, and driving value development in alignment with Saudi Vision 2030. Key entities associated with these arrangements include the Ministry of Human Resources and 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 Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of noteworthy cooperations emerged. INSEAD will supply scholastic 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 focused on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and referall.us Arabian Airports to establish labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget-friendly rent in 2025

Business Day, established in 2001, is an everyday organization 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

Read More …

For Digital Adverts: [e-mail 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 deals with fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.