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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 arrangements and Memoranda of Understanding (MOU) in between different entities, aiming to supply thousands of training opportunities and employment jobs for the global workforce. This arrangement 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 efforts will concentrate on certifying diverse groups, employment such as brand-new graduates, employment females, and individuals with disabilities, for suitable work through specialised training programmes, including development, educational initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently out of work, and almost 20 percent of individuals aged 15 to 54 are either utilized or taken part in education, institutions, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship effort

These data have likewise revealed that almost 40 percent of companies report problems in filling jobs due to an inequality between workforce skills and labour market demands, with youth unemployment going beyond 30 percent in some areas internationally. Related News
Canadian province includes 13,000 childcare spaces, to increase to 28,000 by 2026, therefore developing jobs

British Airways flight reverses as poisonous fumes make passengers and team ill

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate requirement to develop thorough methods to attend to these typical obstacles efficiently.” “Transforming them into chances, ultimately we can all collaborate to guarantee the prosperity of our economies, communities, and labor forces.” The minister likewise noted that the agreements focus on boosting functional effectiveness, promoting innovation, and driving worth production in positioning with Saudi Vision 2030. Key entities involved in these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), employment Takamol Holding, INSEAD, UiPath, Bella Vista of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will provide scholastic services, while collaborations with Space Faculty and employment ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on management development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills amongst trainees and the labor employment force, to name a few. Share
Join BusinessDay whatsapp Channel, to remain 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, developed 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 day-to-day and Sunday titles. It flows in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail 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 demand

PDP heading for disaster in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.