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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between numerous entities, aiming to provide thousands of training chances and employment jobs for the international labor force. This agreement was signed at the second edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, employment 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 brand-new graduates, women, and individuals with specials needs, for appropriate work through specialised training programmes, including advancement, academic efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read likewise: Boost for business owners as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have actually likewise shown that nearly 40 percent of employers report problems in filling vacancies due to an inequality between labor force abilities and employment labour market needs, with youth unemployment exceeding 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, therefore producing jobs

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

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, “These figures highlight the urgent requirement to develop extensive techniques to address these common obstacles efficiently.” “Transforming them into opportunities, ultimately we can all interact to make sure the success of our economies, communities, and workforces.” The minister also noted that the arrangements concentrate on enhancing functional efficiency, promoting development, and driving value development in alignment with Saudi Vision 2030. Key entities involved in these arrangements consist of 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 employment Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous notable partnerships emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and employment ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force 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 abilities amongst trainees and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, employment to keep up to date

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

Five African cities offer most budget friendly lease in 2025

Business Day, established in 2001, is a day-to-day service paper 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

Learn more …

For Digital Adverts: [e-mail 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 faces fresh difficulty on CBN demand

PDP heading for disaster in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.