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SECURING FLORIDA’S FUTURE Jerry D. Parrish, Ph.D. Chief Economist & Director of Research Florida Chamber Foundation

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Presentation on theme: "SECURING FLORIDA’S FUTURE Jerry D. Parrish, Ph.D. Chief Economist & Director of Research Florida Chamber Foundation"— Presentation transcript:

1 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Jerry D. Parrish, Ph.D. Chief Economist & Director of Research Florida Chamber Foundation jparrish@flfoundation.org

2 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Six Pillars: Securing Florida’s Future Together

3 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Yearly Job Creation + 2015 Forecast

4 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Florida as a Percent of U.S. CategoryFlorida Florida as a Percent of U.S. Total Last 12 Months Non-farm Jobs 233,100 8.611% 1 in 12 of U.S. Last 12 Months Private Sector Jobs 238,900 9.365% 1 in 11 of U.S. Source: Bureau of Labor Statistics, U.S. Census, World Bank

5 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Government Jobs Type of Jobs December 2015 Level Change during 2015Percent Change Total Government 1,073,500-5,800-0.5% Federal135,4001,700+1.3% State207,900-300-0.1% Local730,200-7,200-1.0%

6 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM CategoryJobs CreatedGrowth Rate Average Salary Professional & Business Services 51,1004.3 %$54,259 Education and Health Services 44,7003.8%$46,584 Leisure & Hospitality 43,8003.9%$23,021 Trade, Transportation & Utilities 39,6002.4%$40,113 Construction 28,5007.0%$43,690

7 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM 2016 Jobs Forecast

8 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Select MSAs Jobs Forecast MSA2015 Jobs2016 Forecast Percent Difference Tampa-St. Petersburg- Clearwater 38,80033,000-14.9% Jacksonville 17,30014,800-14.5% Naples- Immokalee- Marco Island 3,1002,800-9.7% Pensacola-Ferry Pass-Brent 2,3002,100-8.7% West Palm Beach- Boca Raton- Delray Beach 14,10012,600-10.6% Orlando- Kissimmee- Sanford 38,10033,400-12.3%

9 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Population Percentage Change 2015-2030 Data Source: UF Bureau of Economic and Business Research

10 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Changes to Florida’s Population 2015 - 2030 Age GroupTotal 50 to 59-215,000 65 and over2 Million 75 and over918,000 85 and over167,000 Data Source: UF Bureau of Economic and Business Research

11 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Looking at 2030 – Population Increase

12 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Innovation Economy (Tallahassee) Florida Angel Nexus Tallahassee Florida Institute for the Commercialization of Public Research Jim Moran Institute Domi Station

13 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Cornerstone 2030 Common Framework – 6 Pillars Collaboration Measurement Communication Research-Driven Planning All 67 Counties

14 SECURING FLORIDA’S FUTURE WWW.FLORIDACHAMBER.COM Jerry D. Parrish, Ph.D. Chief Economist & Director of Research Florida Chamber Foundation jparrish@flfoundation.org Thank You!

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