Massachusetts Life Sciences Employment: 2010-2012
Dukakis Center for Urban & Regional Policy
Northeastern UniversitySchool of Public Policy & Urban Affairswww.northeastern.edu/dukakiscenterA “Think and Do” Tank
Barry BluestoneAlan Clayton-MatthewsJune 18, 2014
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Massachusetts Life Sciences Employment By Sector: 2010-2012
Total Massachusetts Life Sciences Employment:113,678
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Total Life Sciences Employment by State 2010-2012
Despite its relatively small population compared to other states, Massachusetts ranks 6th in the nation in terms of total life sciences employment…
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Total Life Sciences Employment, per One Million Population by State 2010-2012
But controlling for population size, Massachusetts now ranks #1 in the U.S. in total life sciences employment. On a per capita basis, life sciences employment in Massachusetts is:
17,363
Massachusetts
9,477
Pennsylvania 1.8X higher than in Pennsylvania
9,524
California 1.8X higher than in California
5,744
Florida 3.0X higher than in Florida
13,592New Jersey 1.3X higher than in New Jersey
7,392
New York 2.3X higher than in New York
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Health
Care &
Socia
l Serv
ices*
Profes
sional
& Business
Servi
ces*
Retail T
rade
Leisu
re & Hosp
itality
Local
Govern
ment
Manufac
turing*
Finan
cial A
ctiviti
es
Educati
onal Se
rvices
*
State
Govern
ment
Other Se
rvices
Constructi
on
LIFE S
CIENCES
Wholes
ale Tr
ade*
Informati
on Servi
ces
Transp
ortation &
Ware
housing
Federa
l Gove
rnmen
t0.0
100.0
200.0
300.0
400.0
500.0
600.0
533.8
447.0
345.6325.4
265.9
222.5206.2
164.5
124.8 122.0 115.7 113.7 111.486.4 84.2
46.8
* Excluding Life SciencesSource: CES-790 Employment Series
Counting all the jobs in Life Sciences employment, Massachusetts’ Life Sciences Industry is now nearly as large as the state’s entire construction industry
Employment by Major Employment Sector (in 000's) Massachusetts 2010-2012
Life Sciences Contribution to the Massachusetts Economy 2006-2012
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Total Life Sciences Employment Including Supplier Industry Employment: 2012
113,678: Total jobs directly attributable to• Bioscience R&D (excluding Universities & Hospitals)• Pharmaceuticals• Medical Device Manufacturing• Testing Laboratories • University/Hospital based Life Sciences• Life Sciences Wholesale Trade
66,116: Jobs generated in Massachusetts industries supplying
Massachusetts Life Sciences Industry
179,794: Total Jobs Generated in Massachusetts by Massachusetts Life Sciences Sectors including jobs in Massachusetts supplier industries
Core Mass Life Sciences Center Contribution to Massachusetts Employment Growth 2006-2012
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Massachusetts Life Sciences R&D, Pharma, Medical Equipment Employment Growth:
2006: 64,945
2012: 76,322
Growth: 11,377
% Growth: 17.5%
Indirect Jobs Growth:6,617
Induced Jobs Growth: 12,457
Total Jobs Growth: 30,451
Massachusetts Total Employment Growth:
2006: 3,197,325
2012: 3,243,632
Growth: 46,307
% Growth: 1.4%
Employment Growth in MLSC Targeted Sectors: 2006-2012
Dukakis Center for Urban & Regional Policy www.northeastern.edu/dukakiscenter
Employment Growth in MLSC Targeted Sectors: 2006-2012
MLSC Targeted Sectors Massachusetts0
5
10
15
2017.5%
1.4%
Employment Growth
Summary
• The Massachusetts Life Sciences Sectors have become over the past decade a major industrial force in the Commonwealth … and we clearly lead the nation in this respect.
• Life Sciences Sector growth was particularly important to the economy during the Great Recession when little employment was being generated elsewhere in the Massachusetts economy.
• Beyond the promise the Life Sciences is bringing us in terms of healthier, longer lives, it has proven to be a major economic engine for the Commonwealth both in terms of its direct job creation and the indirect and induced jobs it has fostered.
• Focusing the Commonwealth’s attention on this vital sector has already paid large dividends … and is poised to continue to do so for years to come.
