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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, aiming to supply countless training chances and tasks for the worldwide workforce. This agreement was signed at the 2nd 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, along with 40 labour ministers. According to the ministers, these efforts will concentrate on certifying varied groups, such as brand-new graduates, women, and people with disabilities, for appropriate work through specialised training programmes, consisting of development, educational efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are currently jobless, employment and nearly 20 percent of individuals aged 15 to 54 are either utilized or employment engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These stats have actually likewise shown that almost 40 percent of employers report troubles in filling jobs due to a mismatch between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some regions globally. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, thus creating jobs

British Airways flight reverses as poisonous fumes make passengers and crew sick

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

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent requirement to develop detailed methods to resolve these common obstacles efficiently.” “Transforming them into opportunities, eventually we can all interact to guarantee the success of our economies, communities, and labor forces.” The minister also kept in mind that the agreements focus on improving functional performance, fostering development, and employment 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 College, the Saudi Logistics Academy, the Ministry of Tourism, and employment Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see numerous noteworthy collaborations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs focused on leadership development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the workforce, employment to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five offer most cost effective lease in 2025

Business Day, established in 2001, is a daily organization newspaper based in Lagos. It is the only Nigerian paper with a bureau in Accra, Ghana. It has both everyday and Sunday titles. It flows in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail 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 need

PDP heading for employment disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.