Overview

  • Sectors Postal Services
  • Posted Jobs 0
  • Viewed 3

Company Description

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

The Global Labor Market Conference (GLMC), has actually seen the signing of 31 arrangements and Memoranda of Understanding (MOU) between different entities, aiming to provide thousands of training chances and tasks for the worldwide labor force. This agreement was signed at the 2nd edition of the GLMC 2025, introduced in Riyadh, Saudi Arabia, by His Excellency Engineer Ahmad Bin Salman Alrajhi, the Minister of Human Resources and employment Social Development, in addition to 40 labour ministers. According to the ministers, employment these initiatives will concentrate on certifying diverse groups, such as brand-new graduates, ladies, and people with disabilities, for suitable employment through specialised training programs, consisting of advancement, educational efforts, leadership preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), around 67 million young people are presently unemployed, and nearly 20 percent of individuals aged 15 to 54 are either used or engaged in education, organizations, or training programs. Read also: Boost for business owners as IBPLC produces jobs with Hero apprenticeship initiative

These data have actually also revealed that almost 40 percent of companies report difficulties in filling vacancies due to a mismatch between workforce abilities and labour market demands, with youth unemployment going beyond 30 percent in some . Related News
Canadian province adds 13,000 child care spaces, to increase to 28,000 by 2026, therefore creating tasks

British Airways flight reverses as poisonous fumes make guests and crew sick

Customers’ USSD access intact as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi stated “These figures highlight the immediate need to develop detailed techniques to address these common difficulties successfully.” “Transforming them into opportunities, eventually we can all collaborate to make sure the success of our economies, communities, and workforces.” The minister also noted that the contracts focus on enhancing functional efficiency, cultivating development, and driving value development in positioning with Saudi Vision 2030. Key entities included in these agreements consist of the Ministry of Human Resources and employment 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 several notable cooperations emerged. INSEAD will provide 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 provide customized training programmes focused on leadership advancement and capability structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor employment force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to promote entrepreneurship advancement. A considerable advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity skills amongst students and the labor force, to name a few. Share
Join BusinessDay whatsapp Channel, to keep up to date

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

Five African cities offer most budget friendly lease 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 daily and Sunday titles. It distributes in Nigeria and Ghana

Find out more …

For Digital Adverts: [email 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 faces fresh hurdle on CBN demand

PDP heading for disaster in 2027, Bode George cautions

© 2025 – Businessday NG. All Rights Reserved.