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Florida TaxWatch Releases Economic Commentary on Long-Term Changes and Challenges for Florida’s Workforce

Releases

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released Beyond the Pandemic: Long-Term Changes and Challenges for Florida’s Workforce, the third installment in the taxpayer research institute’s COVID-19 Legacy Series. The report highlights current workforce trends and the long-term ramifications for Florida’s future talent pipeline and workforce development, as well as the state’s economic growth and fiscal sustainability.

Beyond the Pandemic: Long-Term Changes and Challenges for Florida’s Workforce

COVID Recovery, Economic Development, Research

The third article in our Beyond the Pandemic series… In many ways, Florida’s workforce looks starkly different from when it first entered the pandemic over a year ago. Challenges with controlling the spread of COVID-19 precipitated the widespread use of remote work and other digital formats across the state. These changes accelerated workforce trends that were present before COVID-19 (such as automation) and now foreshadow a future workforce that will constantly face disruption and displacement.

More States Are Using State-Level Tax Credits to Address Workforce and Affordable Housing Deficits

Housing Affordability, Research

This Florida TaxWatch report highlights a severe affordable housing crisis in Florida, where rising housing costs and a limited supply of affordable units place significant financial and social burdens on low-income families and essential workers. It advocates for the adoption of state-level tax credits to supplement federal programs, thereby incentivizing the construction of affordable housing, stimulating local economies, and reducing public costs.

Florida TaxWatch Releases Update on Florida’s Workforce

Releases

TALLAHASSEE, Fla. – Today, Florida TaxWatch (FTW) released Florida Workforce Update, a commentary on the shifts in Florida’s workforce since the COVID-19 pandemic. It outlines the status of remote work, women in the labor force, and the “Great Resignation,” a term coined in May 2021 to describe unusually high quit rates, or the number of employees leaving a job by their own volition as a percentage of total employment. Quit rates typically have an inverse relationship with unemployment levels, as these employees are not leaving the workforce, but rather transitioning from one job to another, often a better job.

Florida Workforce Update

Research

A robust economy is a staple for securing high tax revenue and boosting the well-being of taxpayers. Although Florida’s economy enjoys a strong rebound with historically low unemployment, the dynamic of its workforce has changed since the onset of the COVID-19 pandemic, shuffling where opportunities lie and surfacing new challenges.

Manufacturing a Transformational Shift—Expanding Florida’s Workforce Development Through Sector Strategies

Economic Development, Research

FloridaMakes is a statewide, industry-led, public-private partnership operated by an alliance of Florida’s regional manufacturers’ associations. Since its inception in 2016, FloridaMakes has had an economic impact of $2.6 billion with almost 17,000 jobs created and/or retained. The pandemic underscored the important role Florida’s Manufacturing sector plays in providing products that are crucial to public health and safety, national security, and the continuity of many other industries.

Florida TaxWatch Releases Economic Commentary on Long-Term Changes and Challenges for Leisure and Hospitality in Florida

Releases

Tallahassee, Fla. – Today, Florida TaxWatch (FTW) released Beyond the Pandemic: Long-Term Changes and Challenges for Leisure and Hospitality in Florida, the fifth installment in the taxpayer research institute’s COVID-19 Legacy Series. The report outlines the Leisure and Hospitality sector’s significant contributions to Florida’s economy prior to the onset of the pandemic and explains how COVID-19 has exposed lingering vulnerability within the service and tourism industries, while also presenting several considerations and opportunities to help prepare for inevitable disruptions in the future.

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