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

The Global Labor Market Conference (GLMC), has actually seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between numerous entities, intending to supply countless training chances and tasks for the international labor force. This arrangement was signed at the second edition of the GLMC 2025, employment introduced 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 diverse groups, such as new graduates, ladies, and people with impairments, for ideal work through specialised training programs, consisting of advancement, instructional efforts, management preparation, employment and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either employed or employment taken part in education, organizations, or training programmes. Read also: Boost for as IBPLC creates jobs with Hero apprenticeship effort

These data have also revealed that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce skills and labour market demands, with youth unemployment surpassing 30 percent in some regions worldwide. Related News
Canadian province includes 13,000 child care spaces, to increase to 28,000 by 2026, hence developing tasks

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

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

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to develop detailed techniques to deal with these common difficulties successfully.” “Transforming them into opportunities, ultimately we can all work together to guarantee the prosperity of our economies, neighborhoods, and workforces.” The minister also kept in mind that the contracts focus on improving operational efficiency, employment cultivating innovation, and driving value creation in positioning with Saudi Vision 2030. Key entities associated with 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 employment Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy cooperations emerged. INSEAD will supply academic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on leadership advancement and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and employment training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship development. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst students and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most cost effective rent in 2025

Business Day, established 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 everyday and Sunday titles. It flows in Nigeria and Ghana

Learn 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 obstacle on CBN need

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.