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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) between numerous entities, aiming to provide countless training chances and jobs for the global labor force. This agreement 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, 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 specials needs, for ideal work through specialised training programmes, consisting of development, educational efforts, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are presently jobless, and almost 20 percent of people aged 15 to 54 are either used or taken part in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship initiative

These stats have likewise shown that almost 40 percent of companies report difficulties in filling jobs due to an inequality in between workforce abilities and labour market needs, with youth joblessness surpassing 30 percent in some regions globally. Related News
Canadian province includes 13,000 childcare spaces, to increase to 28,000 by 2026, hence developing tasks

British reverses as toxic fumes make passengers and crew sick

Customers’ USSD gain access to intact as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi said “These figures highlight the immediate need to develop extensive strategies to attend to these common obstacles efficiently.” “Transforming them into chances, ultimately we can all work together to ensure the success of our economies, communities, and labor forces.” The minister likewise noted that the arrangements concentrate on boosting operational efficiency, cultivating development, and driving worth creation in alignment with Saudi Vision 2030. Key entities associated with these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and referall.us Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy cooperations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on management development and capability building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among trainees and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most inexpensive rent in 2025

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

Find out more …

For Digital Adverts: [e-mail secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy deals with fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.