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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to provide countless training opportunities and jobs for the global workforce. This contract was signed at the second edition of the GLMC 2025, employment introduced 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 initiatives will focus on qualifying diverse groups, such as new graduates, females, employment and individuals with impairments, for suitable employment through specialised training programs, including development, efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for employment Economic Cooperation and employment Development (OECD), approximately 67 million young individuals are presently jobless, and almost 20 percent of individuals aged 15 to 54 are either used or taken part in education, organizations, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship initiative

These statistics have actually also revealed that nearly 40 percent of companies report problems in filling vacancies due to an inequality between workforce abilities and labour market needs, with youth joblessness surpassing 30 percent in some areas worldwide. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, hence producing tasks

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

Customers’ USSD access undamaged as banks settle USSD debt

Highlighting the significance of these contracts, Alrajhi said “These figures highlight the immediate requirement to develop detailed methods to deal with these common difficulties efficiently.” “Transforming them into opportunities, ultimately we can all interact to guarantee the success of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements focus on boosting functional efficiency, cultivating development, and driving value creation in positioning with Saudi Vision 2030. Key entities involved in these contracts consist of the Ministry of Human Resources and Social Development (HRSD), employment 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 noteworthy partnerships emerged. INSEAD will supply academic services, while collaborations with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programs concentrated on leadership development and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most affordable rent in 2025

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

Learn more …

For Digital Adverts: [email secured] Call Us:08033225506, employment 08026011296, 07013338794
WhatsApp Us: employment 08068545123
Advert And Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs financial autonomy faces fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.