Florida Chamber Bottom Line: Florida Polytechnic’s President Dr. Randy Avent
On the latest edition of the Florida Chamber’s Bottom Line, Florida Polytechnic’s President Dr. Randy Avent, explains how the university is helping keep their STEM-trained students in Florida to fill jobs and grow Florida’s economy.
“The average salary across the state [for recent college graduates] is about $46,000,” said Avent. “But students that are in our fields are getting about $82,000. So, they’re making about $40,000 more over their career, and that is contributing to economic development.”
The need for skilled workers continues to be the number one concern among job creators across Florida. This is the 10th quarter in a row that the Florida Chamber’s Small Business Index Survey ranked workforce quality as the top issue of concern.
Is Florida’s Workforce Ready? Talent is Florida’s best economic development tool, and the Florida Chamber is uniting Florida’s business community to ensure Florida’s workforce is ready to meet the future needs. Save the date for the Florida Chamber’s Learners to Earners Workforce Summit, slated for June 16-18 in Orlando. Email Tracey Lowe at firstname.lastname@example.org to get involved.
How Many Florida Jobs Will Require Post-Secondary Education?
Recognizing the importance of post-secondary degree attainment for continued economic growth, research conducted by the Florida Department of Economic Research and the Lumina Foundation estimated that 64 percent of Florida jobs will require some form of post-secondary education by 2021. View additional findings in the Florida Chamber Foundation’s Florida Jobs 2030 Report.
Research shows eighty-five percent of brain growth occurs by the time a child is three. As the child grows, research shows how access to early learning impacts their development.
- By 18 months of age, differences in vocabulary size are evident between families with higher education and income and families with lower education and income
- A child should know 15-18 alphabet letters by the end of pre-K to have a strong chance of reading on grade level by the end of 1st grade.
- Children who are not proficient readers by 3rd grade are 4 times less likely to graduate from high school on time
For information on post-secondary education, visit www.TheFloridaScorecard.org.
Higher Education News That Matters to You
The Evolving Supply Chain Skills of the Workforce
A recent study by Deloitte bears out what Speier‐Pero is finding. When talking about talents that supply chain employees should have, 73% of respondents say it is extremely or very important to have technical competencies and even more, 79%, say leadership and professional competencies are extremely important.
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By 2030, Florida will need to create 2 million net new jobs.2 At the same time, rapid innovation technology will drive increased automation, globalization, digitization, and advances in machine learning.
While these shifts are already well underway, by 2030 these and other disruptive technologies will lead to the development of new jobs and a shift in the skills and competencies required for existing jobs within the state’s economy. Though many of the jobs Floridians will hold in 2030 have not yet emerged, Florida has a strategic opportunity to prepare for these shifts by leveraging its many assets and changing demographics to make decisions that will have generational benefits and create economic opportunity for millions of Floridians.
The Florida Chamber Foundation released Florida Jobs 2030, a report that analyzes projected shifts in Florida’s labor market and the changing skills required for 21st-century jobs. To review the report, click here.
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Securing Florida’s Future Includes You
The Florida Chamber Foundation leads the state in future-focused research and continues to be a catalyst for positive change. But, we need your help to secure Florida’s future. Getting involved is easy.