Life Sciences Sector Growth Slows in Mass.

Report: Life sciences job growth slowed way down in 2024

BOSTON — Total employment in the Massachusetts life sciences industry remained effectively flat in 2024, a noteworthy slowdown for a cornerstone sector after more than a decade of steady growth.

Life sciences sector growth slows in Mass.

BOSTON (WWLP) - After 13 straight years of increased employment in the Bay State's life sciences sector, 2024 data shows stagnancy. Massachusetts' economy relies on "meds and eds," meaning the medicine and education industries. Life sciences fall into that "meds" category, and include pharmaceuticals, biotech, medical devices, and more. Springfield Police Department marks fifth anniversary of body-worn camera program On Tuesday, the Massac…

Massachusetts’ Life Sciences Job Growth Flattens After 10+ Years of Increases: Report

Massachusetts’ life sciences jobs grew by just 0.03% in 2024, according to a new MassBioEd report. Still, the report found encouraging signs for the industry, noting it’s expected to grow by 11.6% by 2029, adding an estimated 16,633 net new positions.

Report: Life Sciences Job Growth Slowed Way Down in 2024

Total employment in the Massachusetts life sciences industry remained effectively flat in 2024, a key source of pressure for lab landlords.