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

The Global Labor Market Conference (GLMC), has seen the signing of 31 contracts and Memoranda of Understanding (MOU) in between different entities, intending to supply thousands of training chances and tasks for the global labor force. This contract 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, together with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying varied groups, such as new graduates, women, and individuals with specials needs, for appropriate work through specialised training programmes, including advancement, educational initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are currently jobless, and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read also: Boost for [empty] entrepreneurs as IBPLC creates tasks with Hero apprenticeship effort

These statistics have actually likewise shown that nearly 40 percent of companies report troubles in filling jobs due to a mismatch between workforce abilities and labour market needs, with youth unemployment surpassing 30 percent in some areas globally. Related News
Canadian province adds 13,000 child care areas, to increase to 28,000 by 2026, hence creating tasks

British Airways flight turns back as poisonous fumes make travelers and crew sick

Customers' USSD gain access to undamaged as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi stated "These figures highlight the urgent need to establish extensive methods to address these typical challenges successfully." "Transforming them into chances, ultimately we can all work together to ensure the success of our economies, communities, and workforces." The minister also kept in mind that the contracts focus on improving operational performance, cultivating development, and driving value production in positioning with Saudi Vision 2030. Key entities included in these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, internship.af 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 collaborations emerged. INSEAD will supply scholastic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on leadership advancement and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training initiatives. Princess Nourah with SEA Ventures to promote entrepreneurship development. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst trainees and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget-friendly lease in 2025

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

Find out more ...

For 24-Hour Loan 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 faces fresh obstacle on CBN demand

PDP heading for catastrophe in 2027, Bode George warns

© 2025 - Businessday NG. All Rights Reserved.