Summary: Canada gain 55K net new jobs. Majority of those jobs were with manufacturing and construction. Both those sectors have skills gap issues that need to be address. The goods-producing sector continues to trail other sectors over the past 6 years in terms of job growth. Canada should be a world leader in sustainable forestry, mining, energy production. Those sectors pay 30-40% more than the service sector. Canada like many countries is heading back to an era of big government. Government jobs are nearly 22% of the total employment. More and more jobs are being automated. All levels of government need to work better with private sector to ensure youth today have the skills of today and tomorrow. https://www150.statcan.gc.ca/n1/daily-quotidien/220107/dq220107a-eng.htm 1. Employment - https://www150.statcan.gc.ca/n1/daily-quotidien/220107/dq220107a-eng.htm 2. Career outlook – https://www.forbes.com/sites/robinryan/2022/01/05/2022-career-predictions-you-need-to-know-about/?sh=194e5b922f36 3. Wages and Employment - https://www.thisismoney.co.uk/money/news/article-10358461/Top-10-paying-jobs-2022-revealed.html 4. Jobs and wages - https://www.theglobeandmail.com/business/article-charts-jobs/ 5. Big government - https://www.foxbusiness.com/media/kudlow-america-we-love-will-not-accept-big-government-socialism 6. Guarantee Income - https://www.yahoo.com/lifestyle/pilot-basic-guaranteed-income-program-203000058.html 7. Skills gaps - https://fortune.com/2022/01/06/american-businesses-need-to-invest-in-tech-education-skills-gap-labor-shortage-verizon-csr-rose-stuckey-kirk/ 8. Hybrid - https://freedom.to/blog/a-new-era-of-work-2022/ 9. RPA - https://enterprisersproject.com/article/2022/1/4-robotic-process-automation-rpa-trends-watch-2022 10. Construction sector - https://canada.constructconnect.com/joc/news/economic/2022/01/u-s-canadian-construction-industries-move-into-2022-at-differing-pace

1. Wages and
Employment –
December
2021
PAUL YOUNG CPA CGA
JANUARY 7, 2022

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• 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
 USA vs Canada – Employment –
 Employment by sector
 Above vs Below Wage
 Blog / Middle Class
 Blog / Job Quality
 Blog – New Normal
 Blogs / Employment
 CERB

4. USA vs Canada Employment

5. Urban Area
Source -
https://economics.bmo.com/en/public
ations/detail/4407ff62-e221-4fe7-
a59a-ed1a2e7760fa/

6. SOURCE - HTTPS://WWW150.STATCAN.GC.CA/N1/DAILY-QUOTIDIEN/220107/DQ220107A-
ENG.HTM
Above Average Wages vs Below Average Wages

7. Employment / Analysis

8. December 21 vs November 2015
SOURCE - HTTPS://WWW150.STATCAN.GC.CA/N1/DAILY-QUOTIDIEN/220107/DQ220107A-ENG.HTM

9. Job Quality / Crisis
• The focus on all level of government should be on policies that will encourage FDI and innovation -
https://www2.slideshare.net/paulyoungcga/2019-election-innovation-and-rd-canada-2014-to-2017
• More focus on tax policies in areas of environment including CCA as part of capital investment in areas like waste
management or CO2 recapturing or energy production or other areas - https://www2.slideshare.net/paulyoungcga/how-
to-best-support-a-circular-economy
• Re-thinking the green reset to ensure there is more balance between environmental/climate change policy and
supporting economic growth - https://www2.slideshare.net/paulyoungcga/natural-resources-canada-how-best-to-get-
goods-to-market or https://www2.slideshare.net/paulyoungcga/getting-goods-to-market-what-needs-to-happen-by-all-
levels-of-government
• Technology will drive automation and changes on how the public sector and private sector will operate in the new
normal for both the Canada and the World Economy - https://www2.slideshare.net/paulyoungcga/policy-analysis-
business-startups-enterpeneurs-canada-and-the-world
• Look at better ways to manage the power grid including solutions that are viable without direct government grants -
https://www2.slideshare.net/paulyoungcga/electricity-analysis-canada-and-the-world
• Fixing the systemic issues facing getting goods to market, i.e., over regulation, tax reform, carbon tax, etc. -
https://www2.slideshare.net/paulyoungcga/how-to-reshore-supply-chains
• Reforming the size of government - https://www2.slideshare.net/paulyoungcga/reforming-the-public-sector-for-canada-
all-levels-of-government

10. Employment by Class

11. Blog – Career Management
Nearly 60% of the unfilled jobs in Canada pay less than the average wage.
Student debt, cost of living, wages, and affordable housing are big issues for millennials.
https://www.slideshare.net/paulyoungcga/career-and-employment-outlook-for-canada-and-united-states-may-
2021

12. Digital Skills and Employment
Blog - Almost all workers will be required to learn new digital skills in the next decade
By the time we hit 2030, almost all workers in the UK (90 percent) will be required to learn new digital skills to do their jobs,
a new report from CRM provider Salesforce and analyst firm IDC argues.
To train such a vast number of workers, the country will need to spend approximately $1.8 billion every year.
While the Covid-19 pandemic may be partially responsible, causing a sudden shift to digital technologies, the report also
argues that this is nothing more than a natural course.
Source - https://www.itproportal.com/news/almost-all-workers-will-be-required-to-learn-new-digital-skills-in-the-next-
decade/?utm_source=Selligent&utm_medium=email&utm_campaign=20210709_ITPP_NWL&utm_content=20210709_ITPP_NWL+&utm_t
erm=10232255&m_i=RD%2BcY95O_A5zbS4yLTHSzMvhTecFYm8HeuG5AcP6_w0myLpf4DCAm0mBFNvyJayOqHlm28oLkPtfCLrQi5NtInvUpTf
ABx%2BRRR&lrh=cc9185154e0b053cbfbfc4d317bce2e564a15772850bb7db3c7c0d783bb6954f&M_BT=52351102088106
Blog – How to Reform STEM – Education and Training - https://www.linkedin.com/pulse/how-reform-stem-education-
training-paul-young/?published=t
How to improve job quality - https://www.slideshare.net/paulyoungcga/how-best-to-improve-job-quality-for-canadians

13. Job Shortages / Canada
As the Canadian economy emerges from more than 15 months of COVID-19 restrictions and workers begin to return to the
office, experts say a wave of employee resignations could trigger labour shortages in a variety of sectors.
https://www.canadianmanufacturing.com/manufacturing/wave-of-resignations-prompts-concerns-over-canadian-
labour-shortage-271207/
Blog – How to Reform STEM – Education and Training - https://www.linkedin.com/pulse/how-reform-stem-
education-training-paul-young/?published=t
How to improve job quality - https://www.slideshare.net/paulyoungcga/how-best-to-improve-job-quality-for-canadians
New research from the annual 3M State of Science Index reveals whether it is finding the way out of the pandemic, or
successfully tackling other issues such as sustainability and climate change. 93 per cent of Canadians recognize scientists as
being critical to our future well-being considering the pandemic. At the same time, 68 per cent of Canadians acknowledge
underrepresented minority groups often do not receive access to STEM education, which is critical not only because a more
diverse STEM workforce will result in more innovative ideas, but also to enable Canada to increase its global collaboration
to help solve some of our biggest problems.

14. Wages and Employment
Blog – Wages and Employment – Canada – April 2021
 Wages continue to trail the cost of housing.
 There are job vacancies issues that need to be addressed.
 Automation continues to drive operational models for both the private and public
sectors.
Source - https://www.slideshare.net/paulyoungcga/employment-and-labour-market-
canada-may-2021 or https://www.slideshare.net/paulyoungcga/wages-and-employment-
canada-april-2021

15. Immigration and Education
The goods-producing sector had 21.6% of the total jobs in Nov15 as compared to 20.4% in Jul21.
@JustinTrudeau failed to build an inclusive economy! It is time to build an inclusive economy through more
effective post-secondary and immigration programs. https://www.slideshare.net/paulyoungcga/how-best-to-
support-current-and-future-labor-markets-through-better-postsecondary-and-immigration-programs

16. CERB and Labor Shortages
https://www.theglobeandmail.com/politics/article-freeland-signals-openness-to-extending-some-pandemic-
support-programs/
We have labor shortages, productivity & supply chain issues, & high inflation. Canada requires a transition
plan to move Cdns off pandemic programs as part of growing the economy. @cafreeland continues to
show poor fiscal & economic mgmt. https://www.slideshare.net/paulyoungcga/how-to-improve-canada-
global-competitiveness-250054392

17. Training and Development
 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 Paul Young CPA
CGA)
 These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies