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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, intending to provide countless training chances and tasks for the international workforce. 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 groups, such as brand-new graduates, ladies, and people with impairments, for suitable employment through specialised training programs, consisting of advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are currently jobless, and nearly 20 percent of people aged 15 to 54 are either utilized or participated in education, organizations, or training programs. Read also: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have likewise revealed that nearly 40 percent of employers report difficulties in filling jobs due to an inequality between workforce abilities and labour market demands, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, therefore developing jobs

British Airways flight turns back as toxic fumes make passengers and team sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent requirement to develop extensive techniques to address these typical obstacles successfully.” “Transforming them into opportunities, eventually we can all collaborate to make sure the success of our economies, neighborhoods, and workforces.” The minister likewise kept in mind that the contracts focus on enhancing functional effectiveness, cultivating development, and driving value development in positioning 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 College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy collaborations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs focused on management advancement and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and referall.us the labor force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget-friendly rent in 2025

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

Find out more …

For Digital Adverts: [email protected] Call Us:08033225506, 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 need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.