Where Are The Jobs? A New Report Dives Deeper
A new report released at the BIO International Convention provides a snapshot of the most current and projected workforce needs within the United States life science industry.
The Coalition of State Bioscience Institutes (CSBI) and Booz & Company issued the report, “Demand for Talent: Current & Projected Workforce Trends in the Life Science Industry,” and called for broader industry participation in an ongoing analysis of talent demand.
Where are the jobs? and where are the jobs going to be? are the two most pressing questions our industry faces. This first-of-its-kind national analysis provides insights into these questions, drawing from thousands of current job postings and interviews with strategic industry leaders across the country about their projected talent needs
The life science industry continues to be an engine for job creation, necessitating adequate talent devlopment at all levels of education and across multiple disciplines, with particular need for entry level technicians as well as managers with advanced experience, especially in regulatory and compliance functions.
The report identifies the life science industry’s current demand for skilled, cross-functional and flexible knowledge workers, and suggests that increased industry/academia collaboration and an effort to create national industry certifications could begin to address gaps in the US talent pipeline. This need for a highly trained workforce shows up in four distinct ways:
- Substantial need for employees with baccalaureate and advanced degrees
- Relatively low need for high school-only graduates
- Advanced /specialization degrees, such as bioinformatics, biostatistics and computational biology, as well as engineers with the ability to manage complex biological process scale-up, are in exceptional demand
- Industry and experience-specific job skills in disciplines such as Regulatory and Quality Systems continue to be in short supply