Vcanhire

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

The Global Labor Market Conference (GLMC), employment has actually seen the signing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to offer countless training opportunities and jobs for the international labor force. This contract was signed at the second 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 efforts will focus on qualifying diverse groups, such as new graduates, ladies, and people with disabilities, for appropriate employment through specialised training programmes, including advancement, academic efforts, leadership preparation, and
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million youths are currently jobless, and nearly 20 percent of individuals aged 15 to 54 are either utilized or participated in education, institutions, or training programmes. Read also: Boost for business owners as IBPLC develops jobs with Hero apprenticeship initiative

These data have likewise revealed that almost 40 percent of employers report problems in filling jobs due to a mismatch between workforce skills and labour market demands, with youth unemployment surpassing 30 percent in some areas globally. Related News
Canadian province adds 13,000 childcare areas, employment to increase to 28,000 by 2026, thus developing jobs

British Airways flight turns back as hazardous fumes make travelers and employment crew sick

Customers’ USSD access undamaged as banks settle USSD financial obligation

Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent requirement to establish comprehensive techniques to attend to these common obstacles effectively.” “Transforming them into opportunities, eventually we can all work together to ensure the success of our economies, neighborhoods, and labor forces.” The minister also kept in mind that the agreements focus on improving functional effectiveness, promoting development, and driving worth development in positioning with Saudi Vision 2030. Key entities involved in these agreements include the Ministry of Human Resources and Social Development (HRSD), the International Labour Organization (ILO), Takamol Holding, employment 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 several noteworthy partnerships emerged. INSEAD will offer 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 programs concentrated on management development and employment capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish workforce certifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A considerable development is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities among students and the workforce, to name a few. Share
Join BusinessDay whatsapp Channel, to remain up to date

Top 10 African countries that left low-income status given that 2000

Five African cities offer most inexpensive rent in 2025

Business Day, established 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 day-to-day and Sunday titles. It circulates in Nigeria and Ghana

Find out more …

For Digital Adverts: [email secured] Call Us:08033225506, 08026011296, 07013338794
WhatsApp Us: employment 08068545123
Advert And Rates
Copyright

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

LGAs monetary autonomy deals with fresh difficulty on CBN demand

PDP heading for catastrophe in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.