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

The Global Labor Market Conference (GLMC), has witnessed the signing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to training opportunities and jobs for the international workforce. This agreement 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, together with 40 labour ministers. According to the ministers, these initiatives will concentrate on certifying varied groups, such as brand-new graduates, women, and people with impairments, for appropriate work through specialised training programs, consisting of advancement, educational initiatives, leadership preparation, and [empty] knowledge-sharing partnerships
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are presently jobless, and nearly 20 percent of individuals aged 15 to 54 are either employed or sports betting taken part in education, institutions, or training programs. Read also: Boost for business owners as IBPLC produces tasks with Hero apprenticeship initiative

These stats have likewise revealed that nearly 40 percent of employers report difficulties in filling jobs due to a mismatch between labor force abilities and labour market needs, with youth unemployment exceeding 30 percent in some regions globally. Related News
Canadian province adds 13,000 childcare areas, to increase to 28,000 by 2026, thus creating tasks

British Airways flight turns back as toxic fumes make passengers and crew ill

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

Highlighting the significance of these contracts, studentvolunteers.us Alrajhi stated “These figures highlight the immediate requirement to establish comprehensive techniques to resolve these typical obstacles effectively.” “Transforming them into opportunities, ultimately we can all interact to make sure the prosperity of our economies, neighborhoods, and labor forces.” The minister also noted that the contracts focus on boosting operational effectiveness, fostering development, and driving worth development in positioning with Saudi Vision 2030. Key entities associated with these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, INSEAD, UiPath, [empty] 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 collaborations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will provide customized training programmes concentrated on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills among trainees and the labor force, among others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget-friendly rent in 2025

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

Learn more …

For Digital Adverts: [email safeguarded] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: teachersconsultancy.com 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy faces fresh hurdle on CBN demand

PDP heading for catastrophe in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.