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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training chances and employment tasks for the international workforce. This agreement was signed at the second 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 initiatives will focus on certifying diverse groups, such as new graduates, females, and people with impairments, for ideal employment through specialised training programs, consisting of development, instructional initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for and Development (OECD), approximately 67 million youths are presently jobless, and almost 20 percent of people aged 15 to 54 are either employed or participated in education, institutions, or training programs. Read also: Boost for business owners as IBPLC develops tasks with Hero apprenticeship initiative

These stats have actually also shown that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch between labor force skills and labour market needs, with youth unemployment going beyond 30 percent in some areas internationally. Related News
Canadian province adds 13,000 kid care spaces, to increase to 28,000 by 2026, thus developing jobs

British Airways flight turns back as poisonous fumes make travelers and crew sick

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent requirement to develop detailed techniques to address these common challenges successfully.” “Transforming them into opportunities, ultimately we can all collaborate to make sure the success of our economies, neighborhoods, and labor forces.” The minister likewise noted that the arrangements concentrate on boosting functional performance, promoting innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities involved in these agreements 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, employment and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of noteworthy cooperations emerged. INSEAD will offer scholastic services, while partnerships with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs concentrated on leadership development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among trainees and the labor employment force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African nations that escaped low-income status given that 2000

Five African cities use most budget friendly lease in 2025

Business Day, developed in 2001, is an everyday company newspaper based in Lagos. It is the only Nigerian newspaper 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 secured] 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 deals with fresh difficulty on CBN demand

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.