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

The Global Labor Market Conference (GLMC), has experienced the finalizing of 31 arrangements and Memoranda of Understanding (MOU) between numerous entities, intending to offer countless training chances and jobs for the global labor force. This agreement 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, in addition to 40 labour ministers. According to the ministers, these initiatives will focus on qualifying varied groups, such as brand-new graduates, ladies, and people with disabilities, for appropriate work through specialised training programs, including development, academic efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are currently jobless, and nearly 20 percent of people aged 15 to 54 are either employed or taken part in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC produces jobs with Hero apprenticeship effort

These statistics have actually also revealed that almost 40 percent of troubles in filling jobs due to a mismatch in between workforce skills and labour market demands, with youth joblessness going beyond 30 percent in some regions globally. Related News
Canadian province adds 13,000 child care spaces, to increase to 28,000 by 2026, hence creating tasks

British Airways flight turns back as harmful fumes make guests and crew ill

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 requirement to develop thorough techniques to deal with these common challenges successfully.” “Transforming them into chances, eventually we can all work together to ensure the success of our economies, communities, and labor forces.” The minister likewise kept in mind that the arrangements focus on improving operational efficiency, promoting development, and driving value production in alignment with Saudi Vision 2030. Key entities associated with these arrangements consist of the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, linked web site 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 notable collaborations emerged. INSEAD will provide academic services, while partnerships with Space Faculty and ProFun will explore development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programmes concentrated on leadership development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to cultivate entrepreneurship development. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and the workforce, remotejobscape.com among others. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities provide most economical rent in 2025

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

Find out more …

For Digital Adverts: [e-mail safeguarded] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: 08068545123
Advert And https://horizonsmaroc.com/entreprises/careerworksource/ Rates
Copyright

BDFX.
About Us.
BD Foundation.
BusinessDay Intelligence.
BusinessDay Conferences & Events

LGAs monetary autonomy faces fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.