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

The Global Labor Market Conference (GLMC), employment has experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) in between various entities, aiming to offer countless training chances and tasks for the international labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, introduced 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 new graduates, ladies, and individuals with disabilities, for appropriate employment through specialised training programs, consisting of development, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young individuals are currently unemployed, and almost 20 percent of people aged 15 to 54 are either employed or taken part in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces tasks with Hero apprenticeship effort

These data have actually also shown that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch in between workforce abilities and labour market demands, with youth unemployment going beyond 30 percent in some regions internationally. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, therefore 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 financial obligation

Highlighting the significance of these contracts, Alrajhi said “These figures highlight the immediate requirement to develop detailed strategies to attend to these common difficulties effectively.” “Transforming them into opportunities, ultimately we can all interact to ensure the success of our economies, neighborhoods, and workforces.” The minister likewise noted that the arrangements concentrate on improving operational performance, promoting development, and driving value creation in alignment with Saudi Vision 2030. Key entities included 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 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 understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs focused on leadership advancement and capacity 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 advancement. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and employment the workforce, employment amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget-friendly lease in 2025

Business Day, established in 2001, is a day-to-day organization newspaper based in Lagos. It is the only with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana

Read More …

For Digital Adverts: [email 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 hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.