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Leading Voices: Three Questions with Juan Chaluja, SVP Market Leadership,
Florida Blue


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Home/Economic Development/Florida’s Future is As Good As Gold: Florida Chamber
Uniting Business to Grow Florida to the 10th Largest Global Economy
Economic DevelopmentNewsWorkforce Development


FLORIDA’S FUTURE IS AS GOOD AS GOLD: FLORIDA CHAMBER UNITING BUSINESS TO GROW
FLORIDA TO THE 10TH LARGEST GLOBAL ECONOMY

Florida Chamber of Commerce Send an email October 20, 2022
374 3 minutes read

The Florida sun shines over an economic outlook that is brighter than ever
before. As one of few states with employment surpassing pre-pandemic levels, a
record-breaking GDP, childhood poverty numbers on the decline, global tech
titans establishing roots, and infrastructure poised for smart growth and
development, Florida is on its way to claiming its spot as a top 10 global
economy – Florida’s future is as good as gold.

With Florida’s continued growth and diversification, now is the time for
Florida’s business leaders to unite around securing Florida’s future. Florida
has become a national model in recent years with $2.7 million of income
migrating to Florida every hour of every day and Florida’s #1 ranking in America
for higher education, even amidst the world’s economic recession and a global
pandemic. Now it is Florida’s moment to continue moving towards the golden
future for all Floridians that remains on our horizon.

The Florida Chamber Foundation’s Florida 2030 Blueprint outlines 39 goals,
within its Six Pillars Strategic Framework, to grow Florida to a top 10 global
economy by 2030. There are 3.5 million net new residents expected to call
Florida home by 2030 and 1.62 million net new jobs will need to be created. To
prepare for this growth, focus needs to be set on improving Florida’s talent
pipeline for a better workforce, creating good jobs by diversifying Florida’s
economy, preparing Florida’s infrastructure for smart growth and development,
building a perfect climate for business, making civics and government more
efficient and effective, and championing Florida’s quality of life.

Florida’s workforce crisis is still alive as Florida currently has 464,362 open
jobs and only 266,000 people actively looking for work. Research from the
Florida Chamber Foundation has determined many in-demand jobs stem from the
career technical education paths, as opposed to those requiring a 4-year degree.
As a result, the Florida Chamber Foundation’s Future of Work Florida Initiative
is aimed at creating America’s best workforce by bringing back the “coolness” of
skilled trades through emphasizing their importance in our economy, as well as
the lucrative and innovative opportunities they bring.

Looking deeper into workforce crisis solutions, we can trace skill and education
gaps all the way back to elementary education and childhood poverty. Currently
773,801 Florida Children are living in poverty, with half living in only 150 of
Florida’s 983 zip codes, and only 53% of Florida third graders are reading at or
above grade level. According to the Florida Chamber Foundation’s Florida
Prosperity Project research, inequality of education and workforce development
is one of the 10 root causes of poverty.

To help the business community further invest in their local communities and
identify needs, the Florida Gap Map has been reimagined and leveled up. This
tool grants the user control over nearly 100 metrics at the zip code level, such
as childhood poverty numbers and elementary reading scores, with customizable
dashboards to identify where resources are needed most and equip our community
and state partners with information to lead. Ensuring Florida’s golden future
entails providing the next generation with opportunities for earned success and
investing in solutions to the most pressing issues facing them today. Today’s
learners are tomorrow’s earners.

Many aspects that make Florida competitive and attractive for companies across
the globe are the very advantages some special interest groups want to eliminate
in efforts to make Florida more like New York or California. The Florida Chamber
is determined to stand up for Florida’s future and to keep Florida, Florida
through its commitment to growing a strong, diverse economy and to keep
regulatory red tape and local business tax low to retain our competitive edge on
a global scale.

With strong foundational industries like agricultural, tourism, defense and
construction, Florida has also grown to become an international powerhouse,
diverse enough to attract businesses of all sizes and across all industries for
continued economic growth. Moving Florida forward towards growing to a top 10
global economy by 2030 cannot be done alone. We as Florida business leaders must
unite to capitalize on the immense potential that lies on Florida’s horizon.

Florida’s future is as good as gold, but we need every Florida business at the
table in order to secure it. Join the movement to secure Florida’s future and
unite with Florida business leaders for good at the 2022 Florida Chamber Annual
Meeting & Future of Florida Forum on October 24-25th at Disney’s Coronado
Springs Resort in Orlando, Florida. To register, visit www.FlChamber.com/F3.

Mark Wilson is President & CEO of the Florida Chamber of Commerce

Florida Chamber of Commerce Send an email October 20, 2022
374 3 minutes read

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The Florida Chamber Foundation is a 501(c) (3) charitable organization that
focuses on research and initiatives to make our state a leading place in the
world to live and work. The Florida Chamber Foundation does not lobby or conduct
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