The state of Florida has seen impressive growth in its economy, and is now on par with Spain as the 15th largest in the world. With a goal to increase the gross domestic product (GDP) from $1.6 trillion to about $2.24 trillion by 2023, Florida is well on its way to becoming the 10th largest economy in the world.
Florida’s progress in various sectors has been attributed to this growth. Mark Wilson, president of the Florida Chamber of Commerce, discussed this transformation on an episode of This Week in Jacksonville: Business Edition. He highlighted that Florida was previously known for tourism, agriculture, and construction, with a less-than-stellar education system. However, the state has since become a global leader in areas such as healthcare, modeling and simulation, aerospace, and education.
In response to the evolving job market in Florida, the Florida Chamber of Commerce conducted a Workforce Needs Study 2.0 report. The focus is on creating awareness of great job opportunities and ensuring that individuals are trained for them. With significant population growth expected in Northeast Florida, particularly in Duval County, around 80,000 new jobs will need to be created by 2030 to meet the demand.
The future looks bright for Florida’s economy as it continues to prioritize job creation, education, and workforce development to propel itself into new heights in the global economy.
