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

The Global Labor Market Conference (GLMC), has witnessed the finalizing of 31 contracts and Memoranda of Understanding (MOU) between various entities, aiming to offer thousands of training chances and tasks for the international workforce. This agreement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, employment 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 efforts will focus on qualifying diverse groups, such as brand-new graduates, females, and people with impairments, for suitable work through specialised training programs, consisting of advancement, academic efforts, management preparation, employment and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and employment Development (OECD), around 67 million youths are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either utilized or engaged in education, institutions, or training programs. Read likewise: Boost for entrepreneurs as IBPLC develops tasks with Hero apprenticeship initiative

These stats have actually likewise revealed that almost 40 percent of employers report problems in filling jobs due to a mismatch between labor force abilities and demands, with youth unemployment going beyond 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 child care spaces, to increase to 28,000 by 2026, hence creating jobs

British Airways flight reverses as hazardous fumes make travelers and crew sick

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent need to develop extensive strategies to attend to these common challenges effectively.” “Transforming them into chances, eventually we can all work together to make sure the success of our economies, communities, and labor forces.” The minister also noted that the agreements concentrate on enhancing operational efficiency, fostering development, and driving worth production in alignment with Saudi Vision 2030. Key entities involved in these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, employment INSEAD, UiPath, 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 numerous noteworthy partnerships emerged. INSEAD will provide 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 programmes focused on management development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce credentials and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant advancement is the establishment of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity skills amongst trainees and employment the labor force, among others. Share
Join BusinessDay whatsapp Channel, to remain up to date

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

Five African cities offer most cost effective lease in 2025

Business Day, established in 2001, is an everyday 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

Learn 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 deals with fresh obstacle on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.