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EMPLOYMENT
AND LABOR
MARKET –
UNITED
STATES –
DECEMBER
2021
Paul Young CPA CGA
January 7, 2022
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
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
EMPLOYMENT Employment_202112_
Canada.pdf
U.S. Payrolls Poor
Packaging But Nice Gift.pdf
NET NEW JOBS – UNITED STATES
Source - https://www.bls.gov/news.release/empsit.nr0.htm#
PRESENTATION TITLE 2/11/20XX 5
USA employment.pdf
DEC/21 VS DEC/20 TOTAL EMPLOYMENT
PRESENTATION TITLE 2/11/20XX 6
USA METRO AREA
Source - https://www.bls.gov/news.release/metro.nr0.htm
PRESENTATION TITLE 2/11/20XX 7
Metro - USA -
Employment.pdf
JOB
VACANCIE
S
PRESENTATION TITLE 2/11/20XX 8
Job Vacancies -
USA.pdf
Source – USA government
BLOG – ISM INDEX
PRESENTATION TITLE 2/11/20XX 9
Blog - ISM - Continued Growth, but No End in Sight for Labor, Commodity Shortages - https://www.linkedin.com/pulse/blog-ism-
continued-growth-end-sight-labor-commodity-paul-young/?published=t
According to the latest manufacturing business report from the Institute for Supply Management, the September Manufacturing PMI
grew 1.2 points to 61.1%, up from August’s 59.9%. The manufacturing economy grew for a sixteenth month in a row since
contraction in April 2020.
The ISM’s New Orders index remained unchanged at 66.7%. Production fell 0.6 points to 59.4% from 60.0% in August. Employment
resumed growth from a slight dip in August to hit 50.2%, up 1.2 from August (49.0%).
The story is the same as it has been for the past several months of manufacturing. Demand for products is up and finding stable
workers and cost-effective supplies is challenging. Despite those challenges, manufacturers are taking the long view and mostly
remain optimistic, according to Timothy Fiore, president of the Institute for Supply Management’s Business Survey Committee. Fiore
noted that survey respondents made about three positive comments about growth to every cautious comment.
Source - https://www.industryweek.com/the-economy/data-and-statistics/article/21177219/ism-continued-growth-but-no-end-in-
sight-for-labor-commodity-shortages?utm_source=IY%20IW%20Daily%20Headlines%20-
%20Morning&utm_medium=email&utm_campaign=CPS211003006&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C79
30I4506489J2B&oly_enc_id=7930I4506489J2B
This ties nicely to my post on manufacturing - https://www.linkedin.com/pulse/blog-manufacturing-automation-technology-key-
canadian-paul-young/ or https://www.slideshare.net/paulyoungcga/usa-manufacturing-august-2021-and-july-2021

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Employment and Labour Market| USA| December 2021

  • 1. EMPLOYMENT AND LABOR MARKET – UNITED STATES – DECEMBER 2021 Paul Young CPA CGA January 7, 2022
  • 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
  • 5. NET NEW JOBS – UNITED STATES Source - https://www.bls.gov/news.release/empsit.nr0.htm# PRESENTATION TITLE 2/11/20XX 5 USA employment.pdf
  • 6. DEC/21 VS DEC/20 TOTAL EMPLOYMENT PRESENTATION TITLE 2/11/20XX 6
  • 7. USA METRO AREA Source - https://www.bls.gov/news.release/metro.nr0.htm PRESENTATION TITLE 2/11/20XX 7 Metro - USA - Employment.pdf
  • 8. JOB VACANCIE S PRESENTATION TITLE 2/11/20XX 8 Job Vacancies - USA.pdf Source – USA government
  • 9. BLOG – ISM INDEX PRESENTATION TITLE 2/11/20XX 9 Blog - ISM - Continued Growth, but No End in Sight for Labor, Commodity Shortages - https://www.linkedin.com/pulse/blog-ism- continued-growth-end-sight-labor-commodity-paul-young/?published=t According to the latest manufacturing business report from the Institute for Supply Management, the September Manufacturing PMI grew 1.2 points to 61.1%, up from August’s 59.9%. The manufacturing economy grew for a sixteenth month in a row since contraction in April 2020. The ISM’s New Orders index remained unchanged at 66.7%. Production fell 0.6 points to 59.4% from 60.0% in August. Employment resumed growth from a slight dip in August to hit 50.2%, up 1.2 from August (49.0%). The story is the same as it has been for the past several months of manufacturing. Demand for products is up and finding stable workers and cost-effective supplies is challenging. Despite those challenges, manufacturers are taking the long view and mostly remain optimistic, according to Timothy Fiore, president of the Institute for Supply Management’s Business Survey Committee. Fiore noted that survey respondents made about three positive comments about growth to every cautious comment. Source - https://www.industryweek.com/the-economy/data-and-statistics/article/21177219/ism-continued-growth-but-no-end-in- sight-for-labor-commodity-shortages?utm_source=IY%20IW%20Daily%20Headlines%20- %20Morning&utm_medium=email&utm_campaign=CPS211003006&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C79 30I4506489J2B&oly_enc_id=7930I4506489J2B This ties nicely to my post on manufacturing - https://www.linkedin.com/pulse/blog-manufacturing-automation-technology-key- canadian-paul-young/ or https://www.slideshare.net/paulyoungcga/usa-manufacturing-august-2021-and-july-2021

Editor's Notes

  1. https://economics.bmo.com/en/publications/detail/665cb74b-b61e-4daa-8c68-34e410e48d7e/ and https://economics.bmo.com/en/publications/detail/ce7f1cd9-e141-484a-b74d-56b4feb60b40/