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President's Report - March 2020

Joe Catrambone, Stuart/Martin County Chamber of Commerce President/CEO

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2030 Presents New
Employment Challenges

 

2030 presents a need to acquire new skills to be gainfully employed. Recently the Florida Chamber of Commerce released a new research report defining that Florida’s targeted growth sectors; Aviation & Aerospace, Financial & Professional Services, Life Sciences, Manufacturing, and Trade & Logistics will require talent that embraces technological advancements, artificial intelligence, automation & innovation.

Florida Workforce 2030 shows that robots, automation, artificial intelligence, new innovations and technology are all changing the landscape of what will be required of Florida’s workforce, and the skills that Florida students will need as they plan their future.

Through a series of industry leader roundtables, surveys and research, Florida Workforce 2030 found that:

•        92 percent plan to hire new employees over the next year.

•        81 percent are concerned that lack of key employability skills is a threat to their business.

•        77 percent anticipate changes in core technologies, workforce generational shifts or artificial                  intelligence will disrupt their business.

•        52 percent are currently engaged in public-private partnerships regarding workforce training
          or skills development.

 This year we supported a $10 million request to the State from Indian River State College to complete funding for a Vo-tech center in Ft. Pierce to accommodate students interested in entering the workforce with vocation training rather than attaining a 4 year college or university degree. To support the need; in 2018 over 160 colleges and universities in the United States closed their doors.  Please take into consideration the “supply & demand” theory certainly comes into play.

We feel confident that the decision makers in Tallahassee agree and will appropriate the additional $10 million for a key economic development issue; a trained workforce.

 

Source: Florida Chamber of Commerce

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