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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) in between numerous entities, aiming to supply thousands of training opportunities and jobs for the international labor force. This arrangement 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 efforts will concentrate on qualifying varied groups, such as new graduates, females, and individuals with impairments, for suitable work through specialised training programmes, consisting of advancement, academic initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are currently jobless, and almost 20 percent of people aged 15 to 54 are either employed or participated 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 almost 40 percent of companies report troubles in filling jobs due to an inequality between workforce skills and labour market demands, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 child care areas, to increase to 28,000 by 2026, therefore creating tasks

British Airways flight reverses as harmful fumes make guests and crew sick

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

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate requirement to establish thorough strategies to deal with these typical challenges successfully.” “Transforming them into opportunities, ultimately we can all interact to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The minister likewise noted that the contracts concentrate on improving functional efficiency, cultivating development, and driving value development in alignment with Saudi Vision 2030. Key entities associated with these arrangements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), referall.us 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 cooperations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will check out and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on management advancement and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among students and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities provide most economical lease in 2025

Business Day, established in 2001, is an everyday company 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

Read More …

For Digital Adverts: [email safeguarded] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And 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 alerts

© 2025 – Businessday NG. All Rights Reserved.