What makes a dominant biotech hub? It comes down to five workforce sectors, according to Battelle: agricultural feedstock and chemicals; drugs and pharmaceuticals; medical devices; research, testing and medical labs; and bioscience-related distribution.
Battelle’s new jobs report released at BIO this week outlined not only the national and state-by-state job growth in all these sectors, but which parts of the country also have notable clusters of specialized jobs. Shake out all their data and only seven states have the magic combination of both a large employment base and a specialized concentration of jobs in at least two of the five sectors. Three states can lay claim to three of the five.
Most of the job data was not surprising. Battelle’s numbers, which analyzed job growth from 2001 to 2010, showed biotech has grown while the total private sector and the other “knowledge economy” areas like aerospace and IT services had declined. From 2007 to 2010, though, every biotech job sector but the research, testing and medical laboratories sector shed jobs.
The future life science economy is a wild card. Will your job be outsourced overseas or to a contract manufacturing company down the street? Will the region you’re in have the workforce to manage your company’s growth? Here’s the list of states that have a big concentration of jobs in multiple sectors, with workforce strength in multiple specializations.
The report offers a breakdown of every state. There are tons of interesting tidbits including the fact that the states that simply added the most jobs last year — no matter the concentration strength — were Arizona, California, Colorado, Massachusetts, Oregon, Utah, Texas and Wisconsin.
See article for the top 7 listing:
http://medcitynews.com/2012/06/these-7-states-really-know-biotech-and-probably-have-jobs/?utm_source=rss&utm_medium=rss&utm_campaign=these-7-states-really-know-biotech-and-probably-have-jobs
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