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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to supply countless training chances and tasks for the global labor force. This contract was signed at the 2nd edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His Ahmad Bin Salman Alrajhi, referall.us the Minister of Human Resources and Social Development, along with 40 labour ministers. According to the ministers, these initiatives will focus on certifying diverse groups, such as brand-new graduates, females, and people with specials needs, for ideal work through specialised training programmes, consisting of advancement, educational efforts, leadership preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are currently out of work, and almost 20 percent of individuals aged 15 to 54 are either utilized or engaged in education, organizations, or training programs. Read likewise: Boost for entrepreneurs as IBPLC develops jobs with Hero apprenticeship initiative

These statistics have also revealed that nearly 40 percent of companies report difficulties in filling vacancies due to an inequality in between workforce skills and labour market demands, with youth joblessness exceeding 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, thus developing jobs

British Airways flight turns back as toxic fumes make guests and team ill

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to develop thorough techniques to attend to these typical 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 agreements concentrate on enhancing operational performance, cultivating development, and driving worth production in positioning with Saudi Vision 2030. Key entities associated with these contracts include 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 several notable cooperations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on management advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship advancement. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities use most cost effective lease in 2025

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

Read 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 obstacle on CBN need

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.