Mycareconcierge

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

The Global Labor Market Conference (GLMC), has actually experienced the signing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, intending to supply thousands of training opportunities and tasks for the international labor force. This arrangement was signed at the 2nd edition of the GLMC 2025, released in Riyadh, 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 new graduates, females, and individuals with disabilities, employment for ideal employment through specialised training programs, including advancement, instructional efforts, management preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), roughly 67 million young individuals are currently jobless, and nearly 20 percent of people aged 15 to 54 are either used or engaged in education, organizations, or training programmes. Read likewise: Boost for entrepreneurs as IBPLC creates tasks with Hero apprenticeship effort

These statistics have likewise revealed that almost 40 percent of companies report difficulties in filling jobs due to a mismatch between workforce abilities and labour market demands, with youth joblessness going beyond 30 percent in some regions internationally. 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 harmful fumes make guests and team sick

Customers’ USSD access intact as banks settle USSD financial obligation

Highlighting the significance of these arrangements, Alrajhi stated “These figures highlight the urgent requirement to develop extensive methods to address these common obstacles effectively.” “Transforming them into chances, ultimately we can all interact to ensure the prosperity of our economies, communities, and labor forces.” The minister also kept in mind that the contracts concentrate on improving operational effectiveness, fostering development, and driving worth creation 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), employment Takamol Holding, employment INSEAD, UiPath, Bella Vista Institute of College, the Saudi Logistics Academy, the Ministry of Tourism, and bint Abdulrahman University.
The GLMC’s MOU will see a number of notable cooperations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and ProFun will check out development and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes concentrated on leadership advancement and capacity building. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to develop labor force qualifications and training efforts. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A substantial development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities amongst students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to stay up to date

Top 10 African nations that got away low-income status given that 2000

Five African cities use most cost effective rent in 2025

Business Day, established in 2001, is a daily business 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 flows in Nigeria and Ghana

Find out more …

For Digital Adverts: [e-mail 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 hurdle on CBN need

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.