Life Sciences 2020: The Future is Here

The Employment Engine

Follow the money, follow the research and you find the jobs. Employment in life sciences 6 totaled 204,800 in 2019. The 11 metropolitan areas covered in this report captured approximately 138,000 of these jobs, or 67% of all the life sciences jobs in the nation. LIFE SCIENCES EMPLOYMENT BY CITY

With rising investment in the life sciences has come rapid growth in the number of jobs in the sector. From 1990 to 2010 employment in life sciences grew only slightly faster than in the U.S. as a whole, rising 1.0% per year (compared to 0.9% for the U.S.) However, since the end of 2013, employment in the biotechnology research and development industry has exploded, increasing by more than 70,000 jobs or roughly 7.5% per year.

10,000 20,000 30,000 40,000

LIFE SCIENCES EMPLOYMENT

115 135 155 175 195 215

Number of Jobs 0

Seattle

Chicago

Durham

Raleigh /

New York City Baltimore

Boston /

San Diego

Cambridge

New Jersey

Thousands of Persons 95

Philadelphia

Washington DC

San Francisco /

Oakland / Berkeley

Source: EMSI

Source: U.S. Bureau of Labor Statistics

The cities with the biggest research funding are among those with the highest levels of life sciences employment and the fastest job growth in that sector.

In the current decade, growth in life sciences-related employment has been more than three times stronger than total U.S. employment.

LIFE SCIENCES EMPLOYMENT GROWTH BY CITY (2010-2019)

LIFE SCIENCES EMPLOYMENT GROWTH BY DECADE

3,000 6,000 9,000 12,000 15,000 18,000

-0.5% 0.5% 1.5% 2.5% 3.5% 4.5% 5.5%

5.1%

Total Employment Life Sciences

Number of Jobs -3,000 0

1.9%

1.8%

1.6%

Millions

0.2%

New Jersey Seattle

Chicago

Durham

Raleigh /

Baltimore

Boston /

San Diego

Cambridge

-0.1%

Philadelphia

New York City

1990-2000 2000-2010 2010-2019

Washington DC

San Francisco /

Oakland / Berkeley

Source: EMSI

Source: U.S. Bureau of Labor Statistics

6 Defined as employment in Research and Development in Biotechnology industry, NAICS code 541714

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