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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between various entities, employment intending to provide countless training chances and jobs for the global labor force. This arrangement 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, along with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, employment women, and people with impairments, for ideal work through specialised training programs, employment including advancement, instructional initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for employment Economic Cooperation and Development (OECD), roughly 67 million young people are currently out of work, and almost 20 percent of people aged 15 to 54 are either utilized or taken part in education, institutions, or employment training programmes. Read likewise: Boost for business owners as IBPLC creates jobs with Hero apprenticeship initiative

These data have actually also revealed that almost 40 percent of employers report problems in filling vacancies due to an inequality in between workforce abilities and labour market needs, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare spaces, employment to increase to 28,000 by 2026, thus creating jobs

British Airways flight reverses as toxic fumes make travelers and team sick

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

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the immediate need to establish comprehensive techniques to deal with these typical challenges efficiently.” “Transforming them into opportunities, eventually we can all interact to make sure the prosperity of our economies, communities, and workforces.” The minister also noted that the arrangements concentrate on improving operational effectiveness, cultivating innovation, and driving value creation in alignment with Saudi Vision 2030. Key entities included in these agreements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, employment Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of notable partnerships emerged. INSEAD will supply academic 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 programs focused on leadership development and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable development is the establishment of the Kaspersky Knowledge Transfer Centre, created to advance cybersecurity abilities among trainees and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most economical lease in 2025

Business Day, developed in 2001, is an everyday business newspaper based in Lagos. It is the only with a bureau in Accra, Ghana. It has both daily and Sunday titles. It circulates in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail 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 cautions

© 2025 – Businessday NG. All Rights Reserved.