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

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between various entities, intending to offer thousands of training opportunities and jobs for the worldwide workforce. This was signed at the second edition of the GLMC 2025, released 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 certifying diverse groups, such as new graduates, ladies, and individuals with specials needs, for ideal employment through specialised training programs, consisting of advancement, academic initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently out of work, and almost 20 percent of individuals aged 15 to 54 are either used or participated in education, organizations, or training programs. Read likewise: Boost for business owners as IBPLC creates tasks with Hero apprenticeship initiative

These stats have also revealed that almost 40 percent of companies report troubles in filling jobs due to a mismatch in between workforce skills and labour market demands, with youth joblessness surpassing 30 percent in some areas internationally. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, hence developing jobs

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

Customers’ USSD access undamaged as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate requirement to establish comprehensive techniques to attend to these common obstacles effectively.” “Transforming them into opportunities, ultimately we can all work together to make sure the success of our economies, communities, and labor forces.” The minister likewise noted that the arrangements concentrate on enhancing functional effectiveness, fostering innovation, and driving value development in alignment with Saudi Vision 2030. Key entities included in these arrangements include the Ministry of Human Resources and Social Development (HRSD), pakgovtnaukri.pk the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and [empty] Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see several noteworthy collaborations emerged. INSEAD will offer academic services, while partnerships with Space Faculty and ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes focused on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force certifications and tawtheaf.com training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and the workforce, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

Top 10 African countries that left low-income status since 2000

Five African cities use most affordable rent in 2025

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

Learn more …

For Digital Adverts: [email safeguarded] 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 demand

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.