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) in between different entities, intending to provide countless training opportunities and jobs for the global workforce. This arrangement was signed at the 2nd 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, these efforts will focus on certifying varied groups, such as new graduates, females, and individuals with impairments, for ideal employment through specialised training programmes, consisting of development, educational initiatives, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently out of work, linked web site and almost 20 percent of individuals aged 15 to 54 are either utilized or taken part in education, organizations, or training programmes. Read also: Boost for akinsemployment.ca business owners as IBPLC produces jobs with Hero apprenticeship effort

These data have likewise revealed that almost 40 percent of companies report difficulties in filling jobs due to a mismatch in between workforce skills and labour market needs, with youth joblessness exceeding 30 percent in some regions globally. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, therefore producing tasks

British Airways flight turns back as toxic fumes make guests and crew sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the urgent requirement to establish comprehensive techniques to deal with these typical obstacles effectively.” “Transforming them into opportunities, ultimately we can all collaborate to guarantee the prosperity of our economies, neighborhoods, and workforces.” The minister also kept in mind that the contracts concentrate on boosting functional effectiveness, promoting innovation, and driving value creation in positioning with Saudi Vision 2030. Key entities associated with 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 numerous notable cooperations emerged. INSEAD will offer scholastic services, while collaborations with Space Faculty and ProFun will check out innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on leadership advancement and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, https://horizonsmaroc.com/entreprises/tresesenta/ developed to advance cybersecurity abilities among students and the workforce, to name a few. 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 use most budget friendly rent in 2025

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

Find out more …

For Digital Adverts: [email protected] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And horizonsmaroc.com Rates
Copyright

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

LGAs financial autonomy deals with fresh hurdle on CBN need

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.