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  • Founded 1986
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Global Labour Leaders Seal 31 Agreements To Boost Jobs, Training Opportunities

The Global Labor Market Conference (GLMC), has actually witnessed the finalizing of 31 agreements and Memoranda of Understanding (MOU) in between different entities, aiming to provide thousands of training opportunities and tasks for the global 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 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 individuals with disabilities, for suitable employment through specialised training programs, including advancement, educational efforts, leadership preparation, and knowledge-sharing collaborations
Data from the Organisation for Economic Cooperation and Development (OECD), approximately 67 million youths are presently unemployed, and almost 20 percent of individuals aged 15 to 54 are either used or participated in education, organizations, employment or . Read also: Boost for entrepreneurs as IBPLC creates jobs with Hero apprenticeship initiative

These stats have also shown that nearly 40 percent of employers report problems in filling jobs due to an inequality between workforce abilities and labour market needs, with youth unemployment going beyond 30 percent in some areas globally. Related News
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Highlighting the significance of these contracts, Alrajhi stated “These figures highlight the urgent need to develop thorough methods to address these common challenges successfully.” “Transforming them into opportunities, eventually we can all work together to make sure the success of our economies, communities, and workforces.” The minister also kept in mind that the contracts focus on enhancing operational performance, promoting innovation, and driving value development in positioning with Saudi Vision 2030. Key entities included in these contracts include 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 several notable cooperations emerged. INSEAD will supply scholastic services, while partnerships with Space Faculty and employment ProFun will explore innovation and understanding sharing. Bella Vista Institute and the Saudi Logistics Academy will deliver tailored training programs concentrated on management development and capacity structure. The Ministry of Tourism tattooed MoUs with Marriott Hotels and Arabian Airports to establish labor force credentials and training initiatives. Princess Nourah University partnered with SEA Ventures to foster entrepreneurship development. A considerable advancement is the facility of the Kaspersky Knowledge Transfer Centre, developed to advance cybersecurity abilities amongst students and employment the labor force, amongst others. Share
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Business Day, established in 2001, is a daily company 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 flows in Nigeria and Ghana

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