Summary:
24% of the new jobs are with professional and business services sector. This sector requires years of education and certifications.
26% of the jobs are with leisure and hospitality sector. This sector tends to pay less than the average wage
Businesses continue to look at ways to automate their operations
More and more organizations are moving to a digital model. The adoption appears to be slowing down due to skill gap issues.
Biden has invoked a law from 1950s as part of building a critical metal supply
USA states are struggling to develop their natural resources in a sustainable way!
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
• BMO / Employment
• Net new jobs – United States
• August/21 vs Dec/21 Employment
• USA Metro areas
• Job Vacancies
PRESENTATION TITLE 2/11/20XX 3
4. USA VS CANADA EMPLOYMENT Cdn Jobs Silver
Lining in Reopening Playbook.pdf
BMO - USA
Employment - 202203.pdf
5. NET NEW JOBS – UNITED STATES
Source - https://www.bls.gov/news.release/empsit.nr0.htm#
PRESENTATION TITLE 2/11/20XX 5
9. BLOG –
MANUFACTURING
PRESENTATION TITLE 2/11/20XX 9
Blog – Top 7 trends for Manufacturing for 2022 - https://www.linkedin.com/posts/paul-young-055632b_top-7-manufacturing-trends-
for-2022-activity-6913100677200130049-aUiH?utm_source=linkedin_share&utm_medium=member_desktop_web
1. Onshoring
2. A Shift from B2B to B2C
3. Additive Manufacturing
4. Cybersecurity
5. Smart factories
6. ESG initiatives
7. Talent acquisition
https://www.thomasnet.com/insights/top-7-manufacturing-trends-for-2022/?ecms_id=be52c10e-4a96-49ec-92e8-
3fe6cea78bda&ecms_short=ART6835&doc_type=ted_article&sponsored=&acct=&parent_id=357a9397-5b6e-4a4b-92e1-
9b9c901450e4&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thomas_industry_update&ca
mpaign_name=tiu220325&utm_campaign=tiu220325&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045
My links
USA - https://www.slideshare.net/paulyoungcga/united-states-manufacturing-sector-continues-to-face-many-challenges
Canada - https://www.slideshare.net/paulyoungcga/canada-what-is-next-for-manufacturing-february-2022-and-january-2022
10. SUMMARY
1. USA gain over 431K net new jobs. The problem is key sectors that drive GDP growth have lagged in job
growth, especially Information technology
2. USA continues to face high energy prices due to supply issues. The USA government has not budge on
expanding domestic production of LNG and Oil
3. More and more organizations are implementing more business automation processes as part of optimizing
their operations.
4. Government continues to lag when it comes to digital adoption
5. USA manufacturing sector continues to look at ways to automate more of their operations
PRESENTATION TITLE 2/11/20XX 10
Blog – Employment and Labor Market – USA – March 2022
BMO - USA
Employment - 202203.pdf
USA Job
Vacancies.pdf
U.S. Jobs Numbers
Who’s Hiring in America—and Who’s Not.pdf
US employment and
wages are rising briskly amid strong labor demand PIIE.pdf
US ISM
Manufacturing PMI falls to 57.1 in March versus 59.0 expected.pdf
Container shipping
US East Coast port congestion hindering trans-Atlantic trade.pdf
Biden pulls out
1950's regulation for battery supply chain - electrive.com.pdf
Automation Is
Making Onshoring Cool Again « Fabbaloo.pdf
Why The Rise Of The
Digital Economy Underscores The Need To Close The IT Gap.pdf
Are stagflation and
recession on the horizon for G7 economies FocusEconomics_USA.pdf
Housing Market
Faces a World of Pain - News Nation USA.pdf
3 ways a student loan
program has failed low-income borrowers NPR.pdf
Here's where the
jobs are for March 2022 — in one chart.pdf
Top 8 industries
actively hiring Glassdoor Blog.pdf
Locus Robotics
Unveils New Warehouse Automation Robots – IoT World Today.pdf
US mulls Cold
War-era defense law to boost critical minerals production.pdf
Summary:
24% of the new jobs are with professional and business services sector. This sector requires years of
education and certifications.
26% of the jobs are with leisure and hospitality sector. This sector tends to pay less than the average
wage
Businesses continue to look at ways to automate their operations
More and more organizations are moving to a digital model. The adoption appears to be slowing down
due to skill gap issues.
Biden has invoked a law from 1950s as part of building a critical metal supply
USA states are struggling to develop their natural resources in a sustainable way!