The Coalition of State Bioscience Institutes (CSBI) released the 2018 Life Sciences Workforce Trends Report June 5, 2018 at the BIO International Convention held in Boston, Massachusetts June 4-7. The report provides a national snapshot of the current and anticipated talent needs of the nation’s dynamic life science industry.
The biotech industry continues to be a leading driver of employment across the country, providing 1.73 million jobs in 85,000 companies. In 2017, employers listed almost 264,000 postings for life science positions.
Building on the success of its three prior reports, the 2018 CSBI Workforce Trends Report identifies the most pressing talent needs of the life science industry and the key trends that are driving talent acquisition. With the breakneck speed of new discoveries in the industry and shifting global and regulatory environments, there is growing demand for people with new technical and “soft” skills that can navigate this complex wave of change.
In addition to quantitative analysis of over 50,000 life science job postings and interviews with over 350 hiring decision-makers, the report includes data from interviews with over 135 life sciences executives across the country from which five key trends that impact their talent needs were identified.