The report is supported in part by InnovATEBIO, a National Science Foundation Advanced Technological Education (ATE) Program-funded Center that supports a national network of community college biotechnology education programs that are training entry-level technicians for the biosciences industry. The new report provides a timely and informative snapshot of our industry’s workforce needs, best practices, and can serve as a roadmap for building the types of diverse and inclusive teams that are critical to the long-term success of our sector." "BIO was pleased to host the release of this important analysis at our BIO Digital event and to have the opportunity to dive deeper into the latest trends in biotechnology employment. Michelle McMurry-Heath, President and CEO of the Biotechnology Innovation Organization (BIO). "The 2021 CSBI TEConomy report is a must read for those looking to gain a better understanding of the workforce that will shape the future of the life sciences industry," said Dr. Against the backdrop of the global pandemic and racial and social unrest in the U.S., the life science industry rapidly mobilized and pivoted to respond to the COVID-19 challenge by developing tests and vaccines at unprecedented speed, while elevating diversity, equity and inclusion as strategic priorities within their companies. life sciences employers published nearly 760,000 postings for life science positions.īuilding on the success of its four prior reports, the 2021 CSBI TEConomy Workforce Trends Report examines key trends that are driving talent acquisition. The industry also continued to generate job growth through 2020 despite declines in the overall private sector.
The life sciences industry continued to be a leading driver of employment across the country, employing 1.87 million across 101,000 companies as reported in The Bioscience Economy: Propelling Life-Saving Treatments, Supporting State and Local Communities 2020. This year’s report also included key findings regarding the impact on talent and hiring dynamics of the global pandemic and the national focus on racial and social equity on the industry’s talent needs. The report provides a national snapshot of the most pressing current and anticipated talent needs of the nation’s dynamic life sciences industry. The Coalition of State Bioscience Institutes (CSBI) released the 2021 Life Sciences Workforce Trends Report with TEConomy Partners at this year’s global BIO Digital conference. PORTLAND, Ore., June 29, 2021-( BUSINESS WIRE)-The resilience of the life sciences industry is evidenced by continued job growth through 2020 despite the challenges arising from economic shutdowns and significant job losses in the overall private sector.