Instaawork

This company has no active jobs

Something About Company

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

The Global Labor Market Conference (GLMC), has actually experienced the finalizing of 31 contracts and Memoranda of Understanding (MOU) in between numerous entities, aiming to supply thousands of training opportunities and jobs for the global labor force. This arrangement was signed at the second edition of the GLMC 2025, released in Riyadh, Saudi Arabia, by His 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 varied groups, such as brand-new graduates, females, and people with impairments, for suitable employment through specialised training programs, including advancement, academic initiatives, management preparation, and knowledge-sharing cooperations
Data from the Organisation for Economic Cooperation and Development (OECD), employment around 67 million youths are currently out of work, and nearly 20 percent of people aged 15 to 54 are either employed or engaged in education, institutions, or training programmes. Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship effort

These stats have actually also revealed that nearly 40 percent of employers report difficulties in filling jobs due to an inequality in between workforce abilities and labour market demands, with youth unemployment surpassing 30 percent in some regions internationally. Related News
Canadian province includes 13,000 childcare areas, to increase to 28,000 by 2026, hence creating jobs

British Airways flight reverses as hazardous fumes make passengers and crew sick

Customers’ USSD gain access to intact as banks settle USSD debt

Highlighting the significance of these agreements, Alrajhi said “These figures highlight the immediate need to establish extensive strategies to deal with these typical obstacles successfully.” “Transforming them into opportunities, ultimately we can all collaborate to make sure the prosperity of our economies, communities, and workforces.” The minister likewise noted that the contracts concentrate on boosting operational efficiency, promoting development, and driving worth development in positioning with Saudi Vision 2030. Key entities involved 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 College, the Saudi Logistics Academy, the Ministry of Tourism, and Princess Nourah bint Abdulrahman University.
The GLMC’s MOU will see a number of noteworthy cooperations emerged. INSEAD will offer academic services, while collaborations with Space Faculty and ProFun will explore innovation and knowledge sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver customized training programmes focused on leadership development and capability building. The Ministry of Tourism inked MoUs with Marriott Hotels and Arabian Airports to develop labor force credentials and training efforts. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship advancement. A substantial advancement is the establishment of the Kaspersky Knowledge Transfer Centre, designed to advance cybersecurity abilities among trainees and the workforce, amongst others. Share
Join BusinessDay whatsapp Channel, to stay up to date

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

Five African cities use most cost effective rent 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 everyday and Sunday titles. It flows in Nigeria and Ghana

This company has no active jobs

Instaawork

Company Information

Something About Company

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

Contact the company

AnyJob