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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between different entities, intending to offer thousands of training opportunities and jobs for the worldwide workforce. This agreement was signed at the 2nd 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, referall.us these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, women, and individuals with disabilities, for appropriate work through specialised training programs, consisting of advancement, educational initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either utilized or taken part in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship effort

These data have also shown that almost 40 percent of employers report problems in filling vacancies due to a mismatch between workforce skills and labour market needs, with youth joblessness going beyond 30 percent in some regions internationally. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence developing jobs

British Airways flight reverses as hazardous fumes make travelers and crew sick

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate requirement to establish thorough strategies to resolve these common difficulties successfully.” “Transforming them into opportunities, eventually we can all collaborate to make sure the prosperity of our economies, neighborhoods, and workforces.” The minister also noted that the contracts concentrate on enhancing operational efficiency, promoting development, and driving value production in positioning with Saudi Vision 2030. Key entities included in these contracts 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 collaborations emerged. INSEAD will offer academic services, while partnerships with and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on leadership development and capability structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst trainees and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to stay up to date

Top 10 African nations that got away low-income status because 2000

Five African cities provide most budget friendly lease in 2025

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

Learn 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 need

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.