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2010 Florida Jobs Summit Rosen Shingle Creek Hotel Orlando, Florida January 15, 2010 Tony Villamil St. Thomas University of Florida The Washington Economics Group (WEG) Jobs and the Florida Economy: An Economist’s Perspective
Economic Principles ,[object Object],[object Object],[object Object],[object Object],[object Object]
Economic Principles ,[object Object],[object Object],[object Object]
Florida Into the Perfect Economic Storm 2008-2009 Sharp Decline in Household Net Worth Global Financial Crisis Synchronized Global Economic Recession ,[object Object],[object Object]
Cyclical Factors are Improving: Unemployment Rates will Eventually Decline in Florida Economic Driver Outlook 2010 ,[object Object],Moderate growth expected in 2010, but at slower pace than prior recoveries ,[object Object],Top trade and investment partners performance improving, which will fuel demand for Florida’s goods and services ,[object Object],Stability returning, credit availability is improving, but remains tight for small businesses and for commercial real estate
What Can Florida Government Do to Accelerate Job Creation under an Improving Cyclical Picture? ,[object Object],[object Object],[object Object],[object Object],continued
What Can Florida Government Do to Accelerate Job Creation under an Improving Cyclical Picture? ,[object Object],[object Object],[object Object],[object Object],continued
What Can Florida Government Do to Accelerate Job Creation under an Improving Cyclical Picture? “3 Yards & Cloud of Dust!” ,[object Object],[object Object],[object Object],[object Object],[object Object]
Best Way to Create Jobs: Unemployment Rate only 5% for College Graduates U.S.  December 2009  Age 25 and Older, US Census.
Talent Pays!: Employment-Population Ratio 73% for College Graduates U.S.  December 2009  Age 25 and Older, US Census

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2010 Florida Job Summit, Jan 15

  • 1. 2010 Florida Jobs Summit Rosen Shingle Creek Hotel Orlando, Florida January 15, 2010 Tony Villamil St. Thomas University of Florida The Washington Economics Group (WEG) Jobs and the Florida Economy: An Economist’s Perspective
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. Best Way to Create Jobs: Unemployment Rate only 5% for College Graduates U.S. December 2009 Age 25 and Older, US Census.
  • 10. Talent Pays!: Employment-Population Ratio 73% for College Graduates U.S. December 2009 Age 25 and Older, US Census