Inflationary Trends & Workforce Shortages : What ’ s on the Horizon for Florida ’ s Economy ?
By Kari Hebrank , Carlton Fields ; Executive Vice President , NUCA of Florida
Editor ’ s Note : Be sure to join us July 22 at the NUCA of Florida Annual Conference in Delray Beach for our panel presentation on workforce solutions and our presentation on the Infrastructure Investment & Jobs Act , Florida-specific .
I recently heard presentations by two renowned economists , one from ITR Economics , Brian Beaulieu , and the other one was Ted Abernathy , National Economic Advisor for Association of State Chambers . I was incredibly intrigued by the statistics and economic trends they divulged during their comprehensive presentations . Notably , both agreed that the home price reset would occur in 2025 .
With respect to the labor market , ITR stated that several factors contributed to the present labor shortfalls post-COVID pandemic , including : people started their own companies ; others went to work in
8 DITCHMEN • JUNE 2022