Largest proportional decline in vacancies in accommodation and food services The number of unfilled positions in accommodation and food services declined by 12,300 (-11.1%) to 98,100 in May, the largest proportional decline of any sector. The decline in May followed a cumulative decrease of 9,800 (-8.1%) in February, March and April. The job vacancy rate in the sector was 7.0% in May, down from 7.8% in April. Despite this decrease, the job vacancy rate in this sector remained the highest across all sectors in May. Job vacancies decrease in health care and social assistance In the health care and social assistance sector, the number of vacant positions decreased by 12,500 (-8.5%) to 134,500 in May, following little change in March and April. Over the six-month period preceding May, the number of vacancies in the sector ranged from 137,200 in November 2022 to 151,200 in January 2023, while payroll employment has increased by 30,600 (+1.4%) since November 2022. Retail trade records the lowest number of vacancies since April 2021 There were 78,700 job vacancies in retail trade in May, down by 6,900 (-8.0%) from April and by 30,700 (-28.1%) from May 2022. The number of unfilled positions in the sector in May 2023 was the lowest since April 2021 (77,500). The job vacancy rate in retail trade was 3.8% in May 2023, down by 0.3 percentage points from the previous month and by 1.4 percentage points from May 2022. The year-over-year drop in the job vacancy rate in May 2023 was entirely led by the fall in job vacancies (-6,900; -8.0%), as payroll employment (2,010,800) in the sector was little changed over this period. Job vacancies up in manufacturing for the first time since September 2022 In manufacturing, the number of unfilled positions increased (+3,700, +6.7%) to 59,000 in May. This increase followed a cumulative decrease of 25,700 (-31.8%) from September 2022 to April 2023. The number of vacancies rose in two other sectors in May: finance and insurance (+3,000 to 29,900) and management of companies and enterprises (+1,000 to 3,600). Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230727/dq230727a-eng.htm Sources and other links: Top Jobs - https://www.simplilearn.com/highest-paying-jobs-in-canada-article Housing vs Wages - https://www.numbeo.com/property-investment/country_result.jsp?country=Canada Job vacancies - https://canadaspodcast.com/article/continuing-steady-downward-trend-in-job-vacancies-statistics-canada/ Private sector - https://www.theorca.ca/commentary/bcbc-private-sector-job-growth-has-flatlined-we-need-to-revive-it-7229303

1. Wages and Job Vacancies
(Job Quality) – Canada –
May 2023 and June 2023
Paul Young CPA CGA
July 29, 2023

2. Paul Young CGA CPA
Senior CSM – Data and AI
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – ESG and Sustainability Reporting and Policy
Development
• 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@outlook.com
LinkedIn:
https://www.linkedin.com/in/paul-young-
055632b/

3. Agenda
• Employment Analysis
• Job Vacancies vs Employment
• Above Average Wage
• Youth Unemployment
• Competitiveness
• Skills gaps
• Career Management
• Automation
• Workforce Planning
• AI and HR
• Summary

4. Employment Analysis – Public vs Private Sector
Source –Stats Canada

5. Job Vacancies

6. Above Average Wage

7. Canada Youth
Unemployment
• Source -
https://tradingeconomics.com/canada/yo
uth-unemployment-rate

8. Skills Gaps
• Cybersecurity -
https://www.itworldcanada.com/sponsored/is-
your-organization-ready-to-tackle-the-cyber-skills-
gap
• 8/10 Canadian Manufacturers -
https://www.bnnbloomberg.ca/eight-in-10-
canadian-manufacturers-face-skills-shortage-
report-1.1530327
• Costly changes to EI and training programs -
https://www.collegesinstitutes.ca/news-
centre/news-release/how-supporting-skills-and-
training-can-fuel-a-resilient-recovery/
• Here is my work on skills development -
https://www2.slideshare.net/paulyoungcga/h
uman-capital-management-skills-development-
analysis-and-commentary

9. Career
Management
The provinces and federal government need to re-
think their job training strategy including better
targeting educational support as part of re-aligning
the workforce to jobs of today and tomorrow
Here is my work on career management for both Canada
and the United States
https://www2.slideshare.net/paulyoungcga/2021-and-
beyond-career-management-canada-and-the-united-states-
november-2020

10. Automation
Despite strong hiring since the middle of last year, the U.S. economy is still 5.3 million jobs short of what it had in February
2020. And Lydia Boussour, lead U.S. economist at Oxford Economics, calculated last month that 40% of the missing jobs are
vulnerable to automation, especially those in food preparation, retail sales and manufacturing.
https://www.canadianmanufacturing.com/manufacturing/do-we-need-humans-for-that-job-automation-booms-after-covid-
19-272936/
My work on Automation:
https://www.forbes.com/sites/forbescommunicationscouncil/2021/07/29/redefining-the-customer-experience-for-the-digital-
age/?sh=65deb38a430d
This ties nicely to my work on automation - https://www.slideshare.net/paulyoungcga/what-is-next-for-automation

11. California and Automation
A new law in California aims at strictly regulating employer-imposed work quotas on warehouse and distribution center
workers in that state. The new law, called AB 701, will go into effect on Jan. 1, 2022.
“We cannot allow corporations to put profit over people,” said Gov. Gavin Newsom (D), when he signed the bill on Sept.
22. “The hardworking warehouse employees who have helped sustain us during these unprecedented times should not
have to risk injury or face punishment as a result of exploitative quotas that violate basic health and safety.”
Legislators and labor union advocates made it clear that a major reason for the new law is to take aim at retail giants
Amazon and Walmart, who they accuse of exploiting their nonunion workforce. But the law’s impact will be felt far beyond
those two companies.
https://www.mhlnews.com/labor-management/article/21176489/california-restricts-warehouse-work-
quotas?utm_source=IY%20IW%20QM%20News&utm_medium=email&utm_campaign=CPS210924079&o_eid=7930I4506
489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I4506489J2B&oly_enc_id=7930I4506489J2B
Additional Links:
https://www.forbes.com/sites/forbescommunicationscouncil/2021/07/29/redefining-the-customer-experience-
for-the-digital-age/?sh=65deb38a430d

12. Workforce Planning

13. Trusted AI and HR

14. Blog – Executive Compensation
Blog - Pay continued to grow for many top waste and recycling CEOs in 2022 - https://www.linkedin.com/posts/paul-
young-055632b_pay-continued-to-grow-for-many-top-waste-activity-7067459670960984064-
U8fr?utm_source=share&utm_medium=member_desktop
See the latest data for executives at WM, Republic Services, Waste Connections, GFL Environmental, Clean
Harbors, Stericycle, Harsco, Casella Waste Systems and Rubicon in our fifth annual report.
Source – https://www.wastedive.com/news/ceo-pay-2021-waste-recycling-wm-republic-connections-gfl-
rubicon/650095/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202023-05-
24%20Waste%20Dive:%20Recycling%20%5Bissue:50779%5D&utm_term=Waste%20Dive:%20Recycling

15. Summary
• Aligning skills with the jobs of today and tomorrow is a key area for both the private and
public sector
• Adjusting the workforce skills as part of driving out more automation
• Education putting more focus on STEM and the skills trade
• Looking at better policies that rate to training and/or hiring credits
• Establishing more mentoring programs as part of talent management
Blog – Job Vacancies and Job Quality – Canada – May 2023 and June 2023
Largest proportional decline in vacancies in accommodation
and food services
The number of unfilled positions in accommodation and food services declined by 12,300 (-
11.1%) to 98,100 in May, the largest proportional decline of any sector. The decline in May
followed a cumulative decrease of 9,800 (-8.1%) in February, March and April. The job vacancy
rate in the sector was 7.0% in May, down from 7.8% in April. Despite this decrease, the job
vacancy rate in this sector remained the highest across all sectors in May.
Job vacancies decrease in health care and social assistance
In the health care and social assistance sector, the number of vacant positions decreased
by 12,500 (-8.5%) to 134,500 in May, following little change in March and April. Over the six-
month period preceding May, the number of vacancies in the sector ranged from 137,200 in
November 2022 to 151,200 in January 2023, while payroll employment has increased
by 30,600 (+1.4%) since November 2022.
Retail trade records the lowest number of vacancies since
April 2021
There were 78,700 job vacancies in retail trade in May, down by 6,900 (-8.0%) from April and
by 30,700 (-28.1%) from May 2022. The number of unfilled positions in the sector in
May 2023 was the lowest since April 2021 (77,500). The job vacancy rate in retail trade
was 3.8% in May 2023, down by 0.3 percentage points from the previous month and
by 1.4 percentage points from May 2022. The year-over-year drop in the job vacancy rate in
May 2023 was entirely led by the fall in job vacancies (-6,900; -8.0%), as payroll employment
(2,010,800) in the sector was little changed over this period.
Job vacancies up in manufacturing for the first time since
September 2022
In manufacturing, the number of unfilled positions increased (+3,700, +6.7%) to 59,000 in May.
This increase followed a cumulative decrease of 25,700 (-31.8%) from September 2022 to
April 2023.
The number of vacancies rose in two other sectors in May: finance and insurance
(+3,000 to 29,900) and management of companies and enterprises (+1,000 to 3,600).
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/230727/dq230727a-eng.htm
Sources and other links: