Younetwork

About Us

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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between numerous entities, aiming to provide countless training chances and jobs for the global workforce. This arrangement was signed at the second 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, together with 40 labour ministers. According to the ministers, these initiatives will focus on qualifying diverse groups, such as brand-new graduates, females, and people with specials needs, for suitable employment through specialised training programs, consisting of development, instructional efforts, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently jobless, and almost 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 tasks with Hero apprenticeship initiative

These data have actually likewise revealed that nearly 40 percent of companies report difficulties in filling vacancies due to a mismatch in between workforce skills and labour market demands, with youth unemployment exceeding 30 percent in some areas worldwide. Related News
Canadian province includes 13,000 kid care areas, to increase to 28,000 by 2026, therefore creating jobs

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

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 develop thorough strategies to deal with these typical difficulties successfully.” “Transforming them into chances, eventually we can all interact to ensure the success of our economies, communities, and workforces.” The minister likewise kept in mind that the agreements focus on improving functional effectiveness, promoting innovation, employment and driving value development in positioning with Saudi Vision 2030. Key entities involved in these agreements include the Ministry of Human Resources and Social Development (HRSD), employment the International Labour Organization (ILO), Takamol Holding, INSEAD, employment UiPath, Bella Vista 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 partnerships emerged. INSEAD will offer 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 tailored training programs focused on management development and capacity structure. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to establish labor force qualifications and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A significant development is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among trainees and the labor force, amongst others. Share
Join BusinessDay whatsapp Channel, to remain up to date

Top 10 African countries that escaped low-income status because 2000

Five African cities use most budget friendly lease in 2025

Business Day, developed in 2001, is a day-to-day organization paper 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

Learn 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 monetary autonomy deals with fresh difficulty on CBN demand

PDP heading for catastrophe in 2027, Bode George warns

© 2025 – Businessday NG. All Rights Reserved.