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

The Global Labor Market Conference (GLMC), has seen the finalizing of 31 contracts and Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training opportunities and jobs for the global workforce. This agreement was signed at the second 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 certifying varied groups, such as brand-new graduates, females, and people with disabilities, for suitable employment through specialised training programmes, consisting of advancement, educational initiatives, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and employment Development (OECD), roughly 67 million young people are currently out of work, and nearly 20 percent of individuals aged 15 to 54 are either employed or employment participated in education, institutions, or training programs. Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship effort

These stats have actually also shown that nearly 40 percent of companies report problems in filling jobs due to an inequality between labor force skills and labour market demands, with youth unemployment going beyond 30 percent in some regions worldwide. Related News
Canadian province adds 13,000 childcare spaces, to increase to 28,000 by 2026, hence developing tasks

British Airways flight reverses as harmful fumes make guests and team ill

Customers’ USSD gain access to undamaged as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the urgent need to establish detailed strategies to attend to these typical challenges efficiently.” “Transforming them into opportunities, eventually we can all interact to ensure the success of our economies, neighborhoods, and labor forces.” The minister likewise kept in mind that the agreements focus on boosting functional efficiency, fostering innovation, and driving worth creation in positioning with Saudi Vision 2030. Key entities included in these contracts include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, 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 a number of noteworthy cooperations emerged. INSEAD will provide scholastic services, while partnerships with Space Faculty and ProFun will explore development and understanding sharing. Bella Vista Institute and employment the Saudi Logistics Academy will training programs concentrated on leadership development and capability building. The Ministry of Tourism tattooed 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, created to advance cybersecurity skills amongst trainees and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities use most inexpensive lease in 2025

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

Learn more …

For Digital Adverts: [e-mail secured] 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 need

PDP heading for disaster in 2027, Bode George alerts

© 2025 – Businessday NG. All Rights Reserved.