The document compares job quality in Canada and the United States. It discusses how the 2000s were a lost decade for US manufacturing as 13 sectors experienced declines in output and employment. However, since 2017 over 480,000 manufacturing jobs have been added under Trump's policies. The document also notes that Canada is expected to experience a surge in insolvencies in the second half of 2020 due to the economic impacts of COVID-19. It provides sources analyzing factors affecting job quality, middle class prosperity, and competitiveness in both countries.

1. JobQuality –Canada
andUnitedStates
February 2020
June 5, 2020

2. PaulYoung -
Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – SupplyChain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 Job Quality (Canada vs United States)
 2000 lost decade for USA Manufacturing
 Blog – Job Quality
 Per capita income
 Middle Class
 Insolvencies / Canada

4. Job
Quality –
Canada
Source – Government of Canada and United States of Government

5. Country
Ranking: Per
Capita Income
Source - http://statisticstimes.com/economy/projected-world-gdp-capita-ranking.php or
https://photius.com/rankings/2015/economy/gdp_per_capita_2015_0.html

6. Job
Quality
Source – Job Quality - https://www.jobqualityindex.com/

7. CanadaJob
Quality

8. MiddleClass
Source - https://www.slideshare.net/paulyoungcga/has-canada-middle-
class-benefited-from-justin-trudeau-and-liberal-government
• “Day-care centers are among the myriad small businesses that are in
danger of liquidating as the economic shutdown prompted by the
coronavirus pandemic shows no sign of easing.” Source -
https://www.newyorker.com/news/dispatch/how-the-coronavirus-is-
killing-the-middle-class
• Progressive politics is destroying the middle class -
https://energynow.ca/2020/05/how-regional-progressive-politics-are-
destroying-canada-david-yager/
• For decades, the United States boasted the honor of having the richest
middle-class. However, as of 2019, Canada has the wealthiest middle class
of any country in the world. Source -
https://www.investopedia.com/ask/answers/040615/what-country-has-
richest-middle-class.asp. NB – Harper had the best middle class in 2015 as
such allTrudeau has done is hold his own. In fact,Trudeau has made it
worse via his taxation policies - https://www.theglobeandmail.com/report-
on-business/top-business-stories/canadas-middle-class-now-worlds-
richest-study-suggests/article18090490/

9. 2000s lost
decade for
manufacturi
ng (USA)
Source 0 https://www.industryweek.com/the-economy/article/22006840/why-the-2000s-were-a-
lost-decade-for-american-manufacturing or https://thehill.com/opinion/campaign/479579-
trumps-big-reelection-weapon-a-remarkable-manufacturing-jobs-boom
The real reason the U.S. lost 5.7 million manufacturing jobs in the last decade was due to the decline in manufacturing output,
which in turn was caused by U.S. manufacturing losing out in global competition.
During the 2000s, 13 of the 19 aggregate-level U.S. manufacturing sectors, which employed 55% of manufacturing workers in
2000, experienced absolute declines in real output.
For example, motor vehicle output decreased 45%, textiles 47%, and apparel 40%. In other words, manufacturing
establishments were producing less, and so of course they employed fewer workers.
Since January 2017, more than 480,000 manufacturing jobs have been added to the U.S. economy, following two decades of
sharp losses. In President Clinton’s final three years in office, more than 430,000 manufacturing jobs were lost — declines that
immediately carried over and expanded under the Bush administration, which experienced millions of manufacturing job losses,
even before the 2008 crash. Roughly 300,000 manufacturing jobs were lost during the eight years of the Obama administration,
including minor losses in Obama’s final year in office. In terms of the percentage of manufacturing job increases, the gains made
thus far under the Trump administration surpass the performance in the first term of every president since the 1970s.
Trump and Manufacturing

10. Canada
Insolvencies
 “Canada is currently experiencing the calm before the storm, with the
COVID-19 economic impact soon to unleash a downpour of insolvencies and
restructurings in the latter half of 2020, says RobertThornton, aToronto-
based restructuring and insolvency lawyer and founder ofThornton Grout
Finnigan LLP.” Source - https://www.canadianlawyermag.com/practice-
areas/corporate-commercial/canada-on-verge-of-widespread-insolvency-
and-restructuring-surge-in-covid-19-new-normal-says-lawyer/329859

11. OtherSources
 If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel
free to review my material
on
https://www.udemy.com/
(search PaulYoung CPA
CGA

12. JobQuality
 I have been saying for awhile it is not the quantity of jobs in Canada, but
the quality of jobs. https://www.slideshare.net/paulyoungcga/2019-
election-human-capital-and-skills-management-canada-september-2019
 Government role is to create policies that encourage FDI.The Liberals
underTrudeau policies have made Canada less competitive.
https://www.slideshare.net/paulyoungcga/what-is-going-on-with-
canadas-competitiveness
 United States policies underTrump have supported the economy -
https://www.slideshare.net/paulyoungcga/gdp-g7-canada-and-usa
 Post-COVD19 - https://www.slideshare.net/paulyoungcga/whats-next-
for-canada-post-covid19