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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between various entities, aiming to supply countless training opportunities and jobs for the worldwide workforce. This arrangement was signed at the second 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, together with 40 labour ministers. According to the ministers, these initiatives will concentrate on qualifying diverse groups, such as new graduates, referall.us females, and individuals with disabilities, for appropriate work through specialised training programs, including development, academic efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million youths are presently unemployed, and almost 20 percent of people aged 15 to 54 are either used or engaged in education, institutions, or training programs. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These stats have also shown that almost 40 percent of problems in filling jobs due to an inequality between workforce abilities and labour market needs, with youth joblessness going beyond 30 percent in some areas 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 guests and crew sick

Customers’ USSD gain access to intact as banks settle USSD debt

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate requirement to develop thorough strategies to address these typical difficulties effectively.” “Transforming them into opportunities, eventually we can all work together to make sure the prosperity of our economies, neighborhoods, and labor forces.” The minister likewise kept in mind that the arrangements concentrate on boosting functional performance, promoting development, and driving worth development in alignment with Saudi Vision 2030. Key entities associated with these agreements 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 noteworthy collaborations 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 provide tailored training programmes concentrated on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst students and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that escaped low-income status because 2000

Five African cities provide most inexpensive lease in 2025

Business Day, developed 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 day-to-day and Sunday titles. It distributes in Nigeria and Ghana

Learn 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 deals with fresh difficulty on CBN need

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.