2022 March Life Sciences Update

Talent is on the Rise

Life sciences employment has continued to fare better than the U.S. job market with YoY growth up 7.9% and 11.4% in 2020 and 2021, respectively. Since 2011, total U.S. employment growth has averaged 1.0% per year while life sciences employment has increased by 6.6% per year, on average. The top 10 life sciences MSAs account for 45% of the U.S. life sciences talent pool led by Boston, NYC-NJ, San Francisco, Philadelphia and San Diego.

7 / CUSHMAN & WAKEFIELD

LIFE SCIENCES 2022 MARCH UPDATE