July 7, 2024 10:51 am
Jacksonville Business Highlights This Week

Florida has made significant strides in its economy, becoming the 15th largest in the world with a goal to increase its GDP from $1.6 trillion to about $2.24 trillion by 2023. This growth is due to the state’s progress in various sectors, including healthcare, modeling and simulation, aerospace, and education.

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 previously known for tourism, agriculture, and construction with a less-than-stellar education system. However, the state has since become a global leader in these areas.

In response to the evolving job market, 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 demand.

Florida’s economic trajectory is promising with a strong emphasis on job creation, education and workforce development propelling the state to new heights in the global economy.

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