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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to supply thousands of training chances 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, along with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying varied groups, such as brand-new graduates, females, and people with disabilities, for ideal employment through specialised training programs, consisting of advancement, instructional efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently out of work, referall.us and nearly 20 percent of individuals aged 15 to 54 are either employed or engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have also shown that nearly 40 percent of companies report problems in filling vacancies due to a mismatch in between workforce skills and labour market demands, with youth unemployment going beyond 30 percent in some areas globally. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence creating jobs

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

Customers’ USSD gain access to intact as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop comprehensive strategies to deal with these typical difficulties successfully.” “Transforming them into opportunities, ultimately we can all work together to guarantee the success of our economies, neighborhoods, and workforces.” The minister likewise noted that the agreements focus on improving functional efficiency, promoting innovation, and driving value creation in alignment with Saudi Vision 2030. Key entities involved in these contracts 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 a number of noteworthy collaborations emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most affordable rent in 2025

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

Read More …

For Digital Adverts: [e-mail 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 obstacle on CBN demand

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.