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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 agreements and employment Memoranda of Understanding (MOU) in between various entities, aiming to offer countless training chances and jobs for the worldwide labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, launched 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 concentrate on certifying varied groups, such as new graduates, females, and people with impairments, for appropriate employment through specialised training programs, including development, instructional initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are presently jobless, and almost 20 percent of people aged 15 to 54 are either employed or engaged in education, organizations, or training programmes. Read also: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship initiative

These stats have also revealed that almost 40 percent of companies report troubles in filling vacancies due to a mismatch in between labor force abilities and labour market needs, with youth unemployment surpassing 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 kid care spaces, to increase to 28,000 by 2026, thus creating jobs

British Airways flight turns back as poisonous fumes make travelers and team ill

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent requirement to establish detailed methods to deal with these common challenges efficiently.” “Transforming them into chances, ultimately we can all work together to make sure the success of our economies, communities, and labor forces.” The minister also noted that the arrangements concentrate on enhancing functional effectiveness, promoting development, and driving worth production in positioning with Saudi Vision 2030. Key entities included in these agreements include the Ministry of Human Resources and Social Development (HRSD), the International (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 a number of notable cooperations emerged. INSEAD will provide 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 deliver customized training programs focused on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities provide most budget friendly lease in 2025

Business Day, developed in 2001, is a day-to-day service 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 protected] 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 hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.