Colwagen

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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 arrangements and employment Memoranda of Understanding (MOU) between numerous entities, aiming to offer thousands of training opportunities and tasks for the international workforce. This arrangement 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 efforts will concentrate on certifying varied groups, employment such as brand-new graduates, ladies, and individuals with disabilities, for ideal employment through specialised training programs, consisting of advancement, educational initiatives, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million young people are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either employed or engaged in education, organizations, or employment training programs. Read also: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship effort

These data have also revealed that nearly 40 percent of employers report problems in filling jobs due to a mismatch between workforce abilities and employment labour market needs, with youth joblessness going beyond 30 percent in some regions globally. Related News
Canadian province includes 13,000 child care spaces, to increase to 28,000 by 2026, thus producing jobs

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

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

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the urgent need to establish extensive techniques to deal with these common obstacles successfully.” “Transforming them into opportunities, ultimately we can all collaborate to guarantee the prosperity of our economies, neighborhoods, and labor forces.” The likewise kept in mind that the arrangements concentrate on enhancing operational effectiveness, promoting 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, 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 a number of noteworthy partnerships emerged. INSEAD will provide academic services, while collaborations with Space Faculty and ProFun will check out development and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will provide tailored training programs concentrated on management advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor employment force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among students and the labor force, 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 budget-friendly lease in 2025

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

Read More …

For Digital Adverts: [email safeguarded] 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 obstacle on CBN need

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.