{"id":9052,"date":"2009-12-22T17:01:42","date_gmt":"2009-12-22T21:01:42","guid":{"rendered":"https:\/\/www.ucf.edu\/news\/?p=9052"},"modified":"2022-09-15T09:31:07","modified_gmt":"2022-09-15T13:31:07","slug":"more-job-losses-for-florida-in-2010","status":"publish","type":"post","link":"https:\/\/www.ucf.edu\/news\/more-job-losses-for-florida-in-2010\/","title":{"rendered":"More Job Losses for Florida in 2010"},"content":{"rendered":"<p><noscript><img decoding=\"async\" width=\"450\" height=\"337\" class=\" size-full img-fluid wp-image-1332\" src=\"https:\/\/www.ucf.edu\/news\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith.jpg\" alt=\"snaith\" srcset=\"https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith.jpg 450w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith-300x225.jpg 300w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith-360x270.jpg 360w\" sizes=\"(max-width: 450px) 100vw, 450px\"><\/noscript><img decoding=\"async\" width=\"450\" height=\"337\" class=\" size-full img-fluid wp-image-1332 lazyload\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20450%20337%22%3E%3C%2Fsvg%3E\" alt=\"snaith\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20450%20337%22%3E%3C%2Fsvg%3E 450w\" sizes=\"(max-width: 450px) 100vw, 450px\" data-srcset=\"https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith.jpg 450w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith-300x225.jpg 300w, https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith-360x270.jpg 360w\" data-src=\"https:\/\/www.ucf.edu\/news\/wp-content\/blogs.dir\/20\/files\/2009\/04\/snaith.jpg\">The Sunshine State will ring in the New Year&nbsp;with another wave of job losses and declining population, says a UCF economist.<\/p>\n<p>That&#8217;s the message from Sean Snaith, the director of UCF&#8217;s Institute for Economic Competitiveness, in his latest <a href=\"https:\/\/business.ucf.edu\/\" target=\"_blank\" rel=\"noopener\">statewide quarterly forecast <\/a>released this morning. Snaith says Florida&#8217;s recovery from the &#8220;death throes&#8221; of this recession will be confounded by a temporary decrease in population and massive budget shortfalls.<\/p>\n<p>&#8220;It will take strong, visionary leadership to ensure that Florida can compete in this new environment, because very difficult choices lay ahead,&#8221; Snaith says.<\/p>\n<p>The state can&#8217;t continue to rely on an influx of new residents to boost revenue in the public and private sectors. Instead, its recovery will depend upon a significant investment in its infrastructure and labor force through education and research opportunities, he explains.<\/p>\n<p>But, 2010 doesn&#8217;t bode all bad news, Snaith adds. Real Gross State Product (GSP), the state-level analogue to GDP, will finally see an annual increase this coming year, and personal income growth will slowly accelerate, as well. Florida&#8217;s demand for health services can only increase, Snaith said.<\/p>\n<p><em>For the full and original story visit UCF News.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"The Sunshine State will ring in the New Year&nbsp;with another wave of job losses and declining population, says a UCF economist. That&#8217;s the message from Sean Snaith, the director of UCF&#8217;s Institute for Economic Competitiveness, in his latest statewide quarterly forecast released this morning. Snaith says Florida&#8217;s recovery from the &#8220;death throes&#8221; of this recession will be confounded by a&hellip;","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"template-twocol.php","format":"standard","meta":{"_acf_changed":false,"lazy_load_responsive_images_disabled":false,"footnotes":"","_links_to":"","_links_to_target":"","_wp_rev_ctl_limit":""},"categories":[31,21],"tags":[4194],"tu_author":[],"class_list":["post-9052","post","type-post","status-publish","format-standard","hentry","category-college-of-business-administration","category-opinions","tag-sean-snaith"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More Job Losses for Florida in 2010 | University of Central Florida News<\/title>\n<meta name=\"description\" content=\"The Sunshine State will ring in the New Year\u00a0with another wave of job losses and declining population, says a UCF economist. 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