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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, intending to offer thousands of training opportunities and jobs for the international workforce. This contract was signed at the second 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, in addition to 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, job such as brand-new graduates, women, and individuals with impairments, for ideal employment through specialised training programs, consisting of development, academic efforts, job management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are currently unemployed, and nearly 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These statistics have actually likewise revealed that almost 40 percent of companies report difficulties in due to an inequality in between workforce skills and labour market needs, with youth joblessness going beyond 30 percent in some regions globally. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, thus developing tasks

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

Customers’ USSD gain access to undamaged as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi stated „These figures highlight the immediate requirement to establish extensive techniques to resolve these common difficulties efficiently.” „Transforming them into opportunities, ultimately we can all interact to ensure the success of our economies, communities, and workforces.” The minister also kept in mind that the contracts concentrate on improving functional efficiency, cultivating innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities involved in 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 notable partnerships emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programmes focused on management development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and the workforce, amongst 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 provide most budget-friendly rent in 2025

Business Day, established in 2001, job is a day-to-day business 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

Read More …

For Digital Adverts: [email secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And job 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 cautions

© 2025 – Businessday NG. All Rights Reserved.