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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, intending to provide countless training chances and tasks for the global labor force. This contract 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, women, and people with specials needs, for appropriate work through specialised training programs, including development, instructional initiatives, management preparation, and knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently jobless, and almost 20 percent of people aged 15 to 54 are either employed or taken part in education, institutions, or training programmes. Read likewise: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These statistics have actually likewise shown that nearly 40 percent of companies report troubles in filling jobs due to an inequality in between labor force skills and labour market needs, with youth unemployment 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 guests and crew sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate need to develop comprehensive methods to resolve these common challenges effectively.” “Transforming them into chances, ultimately we can all work together to ensure the prosperity of our economies, communities, and workforces.” The minister likewise noted that the contracts concentrate on enhancing functional effectiveness, promoting development, and driving value creation in alignment with 2030. Key entities included in these arrangements 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 noteworthy cooperations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes concentrated on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity skills among students and the labor referall.us force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most economical lease in 2025

Business Day, established in 2001, is a day-to-day organization paper 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

Read 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 faces fresh difficulty on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.