New Jersey’s Life Sciences Industry Clusternj.gov/labor/lpa/pub/empecon/biopharma.pdf · New Jersey a competitive advantage compared to ... LIFE SCIENCES INDUSTRY CLUSTER: EMPLOYMENT

Prepared by:New Jersey Department of Labor & Workforce Development

Office of Research & InformationBureau of Labor Market Information

Winter 2017 - 2018

New Jersey’s

Life Sciences Industry Cluster

THE GOAL OF THIS REPORT IS TO GET AN “IDEA” OF WHAT LIFE SCIENCES MEANS TO NEW JERSEY

Identify the types of industries and establishments that make up the life sciences

industry cluster based on a standard industry classification system.

Describe any similarities and differences among its components with regard to

such variables as employment, wage, occupation type, education, and demographic characteristics.

Examine any present distinctions within the cluster and its components that give

New Jersey a competitive advantage compared to neighboring states, regions or the nation, or show areas where New Jersey could improve to add to the state’s economy.

Analyze the current state of the life sciences industry cluster and provide an

outlook for employment into the future.

LIFE SCIENCES INDUSTRY CLUSTER: OVERVIEW

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMAJOR INDUSTRY COMPONENTS

New Jersey’s Life Sciences employment in 2016 was identified within three primary components:pharmaceuticals (40.8%), biotechnology-R&D (38.5%) and medical device manufacturing (20.7%). Thebreakdown of the major segments are:

Pharmaceuticals• Pharmaceutical and medicine manufacturing• Soap, cleaning compound, and toiletry

manufacturing• Druggists' goods merchant wholesalers

Biotechnology (R&D)• Scientific research and development services• Medical and diagnostic laboratories

Medical Devices• Electronic instrument manufacturing• Medical equipment and supplies manufacturing

Establishments that are primarily engaged in manufacturing or

distribution of drug related products.

Establishments primarily engaged in manufacturing medical equipment

and supplies.

Consists of services related establishments primarily engaged in

scientific research, development, analytic and/or diagnostics.

Source: NJ Department of Labor & Workforce

Development, Quarterly Census of Employment and

Wages, 2016 Annual Averages

Prepared by: New Jersey Department of Labor and

Workforce Development, January 2018

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMAJOR NEW JERSEY EMPLOYERS

Pharmaceuticals Medical DevicesBiotechnology (R&D)

• Bayer HealthCare Pharmaceutical

• Bristol-Myers Squibb Co.• Daiichi Sankyo• Ethicon, Inc.• Glaxosmithkline• Johnson & Johnson• Merck & Co. Inc.• Novartis Pharmaceuticals• Pfizer, Inc.• Sanofi, U.S.• Teva Pharmaceuticals • West-Ward

Pharmaceuticals

• Abbott Laboratories• Becton Dickinson & Co.• C. R. Bard, Inc.• Honeywell International,

Inc.• Integra Life Sciences• Micro Corporation• Ortho McNeil Pharma• Oticon, Inc.• Roche Molecular

Systems, Inc.• Safilo USA, Inc.• Sivantos, Inc.• Stryker Orthopedics

• Celerion, Inc.• Chugai Pharma USA• Community Medical

Center• Collagen Matrix, Inc.• Covance, Inc.• Immunomedics, Inc.• Lab Corp• PAREXEL International• Progenitor Cell Therapy• PTC Therapeutics, Inc.• Quest Diagnostics• Raritan Bay Medical• Sandoz, Inc.

Some of New Jersey’s well-known employers in this cluster include:

Source: 2016 InfoUSA



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTEROVERALL STATE IMPACT

Source: NJ Department of Labor & Workforce Development,

Quarterly Census of Employment and Wages, 2011 - 2016

Annual Averages



The Life Sciences Cluster has an enormous impact on providing high quality jobs and adding significant value to the State’s economic activities. Recent New Jersey highlights included:

• Employment Total: averaged 117,260 or 3.5 percent of all private sector workers in the state for 2016. Nationally, the proportion was just 1.9 percent.

• Well-paying Jobs: Paid over $16.5 billion in 2016 annual payrolls; 7.8 percent of the state’s total wages.

• Establishments total: over 3,200 in 2016. Over a five year period (2011-2016) – even with numerous industry related reorganizations – New Jersey’s drug & pharmaceutical component still grew (by +10.5%).

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERALL PRIVATE SECTOR VS. INDUSTRY CLUSTER EMPLOYMENT

75

80

85

90

95

100

105

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Emp

loym

en

t In

dex

Ye

ar 2

00

6 =

10

0%

Year

Life Sciences Total NJ Private Employment

Gray area denotes U.S. economic recession as defined by the National Bureau of Economic Research (NBER)



Wages, 2006 - 2016 Annual Averages



• After increasing slightly from 2006 to 2007 (+0.54%), the NJ life sciences industry experienced a steady decline from 2007 to 2013 (-13.7%), flattened out from 2013 to 2014 (+0.1%), increased from 2014 to 2016 (+1.58%), and is currently below the 2006 employment level (-11.2%).

• Total statewide private sector employment has led life sciences employment from 2010 to 2016 and is currently above the 2006 employment level by 1.3 percent.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTEREMPLOYMENT SIZE, GROWTH, SALARY & LOCATION QUOTIENT

-10,000

-8,000

-6,000

-4,000

-2,000

0

2,000

4,000

6,000

8,000

$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000

Emp

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row

th 2

01

1 -

20

16

Annual Average Wage 2016



Wages, 2011-2016 Annual Averages



The above bubble graph has four elements: 1. Total 2016 employment - represented by the size of the bubble.2. 2011-2016 employment growth- shown on the Y-axis, or vertical position.3. 2016 annual average wages - shown on the X-axis, or horizontal position.4. Location quotient - indicated by the color of the bubble. The location quotient compares the concentration of the industry subsectors in the state to those of the nation. Industries with a location quotient above 1 are known as “basic industries” which (in theory) export a good or service from the state and in return, bring in wealth.

Druggists’ Goods Merchant Wholesalers

Pharmaceutical Preparation Mfg.

R&D in Biotechnology

Medical Laboratories

Dental Laboratories

Medicinal & Botanical Mfg.

LIFE SCIENCES INDUSTRY CLUSTER: EMPLOYMENT ANALYSIS

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTER5-YEAR EMPLOYMENT TREND

• With an average of 117,260 workers employed in this NJ cluster in 2016, the employment over the 5-year period experienced a decline of 3.6 percent.

• The pharmaceutical component experienced the largest total percent loss over the 5-year period (-8.3%).






52,130 49,910 50,020 51,800 47,850 47,820

43,41041,800 40,780 39,710 44,690 45,120

26,12024,840 24,250 23,670 24,160 24,320

121,660116,550 115,050 115,180 116,700 117,260

20,000

40,000

60,000

80,000

100,000

120,000

140,000

2011 2012 2013 2014 2015 2016

An

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Year

Employment Trend2011 - 2016

Pharmaceuticals Biotechnology Medical Device Industry Cluster

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERSUB-SECTOR EMPLOYMENT

In 2016, the 117,260 jobs within this New Jersey cluster were concentrated in:

• 47,820 jobs• The pharmaceuticals component

accounted for 40.8 percent of the life sciences industry cluster employment.

• 45,120 jobs• Scientific research and development

services accounted for more than 30,440 employment.

• 24,320 jobs • Medical devices is the smallest of the

three components and makes up 20.7 percent of the life sciences industry.






18.6%

33.6%

47.8%

Soap, cleaningcompound, and

toiletry mfg.

Druggists' goodsmerchant

wholesalers

Pharmaceuticaland medicine

manufacturing

Pharmaceuticals

32.5%

67.5%

Medical anddiagnostic

laboratories

Scientific researchand development

services

Biotechnology (R&D)

48.7%

51.3%

Medicalequipment and

suppliesmanufacturing

Electronicinstrument

manufacturing

Medical Devices

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPHARMACEUTICALS INDUSTRY TOP EMPLOYMENT, 2016

1,110

6,440

15,790

16,050

0 5,000 10,000 15,000 20,000

Soap and Other Detergent Manufacturing

Toilet Preparation Manufacturing

Pharmaceutical Preparation Manufacturing

Druggists' Goods Merchant Wholesalers

2016 Employment

Pharmaceuticals Industry






• Made up 40.8 percent of the life sciences industry cluster’s employment in 2016.

• Pharmaceutical & medicine manufacturing (-31.1%) and soap, cleaning compound, and toiletry manufacturing (-2.2%) both experienced a decline from 2011 to 2016 while druggists’ goods merchant wholesalers experienced significant growth (+23.2%).

Due to disclosure issues, medicinal and botanical mfg., surface active agent mfg., other biological product mfg., in-vitro diagnostic substance mfg., and polish and sanitation good manufacturing are not included in the chart above.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERBIOTECHNOLOGY INDUSTRY TOP EMPLOYMENT, 2016

1,310

3,330

11,360

14,070

15,060

0 4,000 8,000 12,000 16,000

Social Science/Humanities Research

Diagnostic Imaging Centers


Research & Development in Biotechnology

R & D in Physical, Engineering & Life Sciences

2016 Employment

Biotechnology






• Accounted for 38.5 percent of life sciences industry cluster’s employment in 2016.

• Scientific R&D industry service sectors declined (-0.8%) over the 5-year period from 2011 to 2016.

• Medical and diagnostic laboratories experienced significant growth over the same period (+15.3%).

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMEDICAL DEVICES INDUSTRY TOP EMPLOYMENT, 2016

70

70

250

750

890

960

1,320

1,900

2,540

6,870

0 2,000 4,000 6,000 8,000

Fluid Meters and Counting Devices

Irradiation Apparatus Manufacturing

Automatic Environmental Control Mfg

Analytical Laboratory Instruments

Industrial Process Variable Instruments

Dental Laboratories

Electricity & Signal Testing Instrument Mfg

Electromedical Apparatus Mfg

Surgical and Medical Instrument Mfg

Surgical Appliance and Supplies Mfg

2016 Employment

Medical Devices






• Accounted for 20.7 percent of the life sciences industry cluster’s employment in 2016.

• Electronic instrument manufacturing slightly grew (+0.8%) over the 5-year period from 2011 to 2016 while medical equipment & supplies manufacturing declined (-3.6%) during the same period.Due to disclosure issues, search, detection & navigation instruments, other measuring

& controlling devices, dental equipment & supplies mfg., and ophthalmic goods mfg. are not included in the chart above.

LIFE SCIENCES INDUSTRY CLUSTER: ESTABLISHMENT ANALYSIS

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTER5-YEAR ESTABLISHMENT TREND






970 950 980 1,030 1,050 1,070

1,400 1,370 1,350 1,390 1,430 1,510

760 730 700 690 700 700

3,130 3,040 3,040 3,110 3,180 3,280

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

2011 2012 2013 2014 2015 2016

An

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lish

me

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Year

Establishment Trend2011 - 2016

Pharmaceuticals Biotechnology Medical Device Industry Cluster

• Establishments in this cluster totaled 3,280 in 2016 after experiencing a notable growth (+4.8%) from 2011 – 2016.

• Pharmaceuticals has seen an upward trend from 2011 to 2016, adding an additional 100 establishments.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERSUB-SECTOR ESTABLISHMENTS

• 1,070 establishments• The pharmaceutical component

accounts for 1/3 of all life sciences industry establishments.

• 1,510 establishments• R&D related sub-sectors accounted

for 46.0% of all life sciences establishments.

• 700 establishments • The medical devices component has

the least establishments of all three life sciences industry components.

16.3%

24.9%

58.8%

Soap, CleaningCompound, &Toiletry Mfg.

Pharmaceutical &Medicine Mfg.

Druggists' GoodsMerchant

Wholesalers

Pharmaceuticals

47.3%

52.7%

Medical anddiagnostic

laboratories

Scientific researchand development

services

Biotechnology (R&D)

44.7%

55.3%

Electronicinstrument

manufacturing

Medicalequipment and

suppliesmanufacturing

Medical Devices

In 2016, New Jersey had 3,280 establishments in this cluster engaged in:






NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPHARMACEUTICALS INDUSTRY TOP ESTABLISHMENTS, 2016

• Accounted for 32.6 percent of the life sciences industry cluster’s establishments in 2016.

• Establishments in the soap, cleaning compound, and toiletry manufacturing industries (-19.0%) declined from 2011 to 2016, while pharmaceutical & medicine manufacturing (+10.7%) and druggists’ goods merchant wholesalers (+21.6%) realized growth.

30

110

200

630

0 200 400 600 800

Soap And Other Detergent Mfg.

Toilet Preparation Mfg.



2016 Establishments

Pharmaceuticals Industry







NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERBIOTECHNOLOGY INDUSTRY TOP ESTABLISHMENTS, 2016

• Made up 46.0 percent of all establishments in the life sciences industry cluster in 2016 with 1,510 establishments.

• Scientific R&D industry service sectors (+10.5%) and medical diagnostic laboratories (+5.6%) both experienced growth from 2011 to 2016.

90

220

330

380

490

0 200 400 600



Research & Development In Biotechnology

R & D In Physical, Engineering & Life Sciences


2016 Establishments

Biotechnology (R&D)






NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMEDICAL DEVICES INDUSTRY TOP ESTABLISHMENTS, 2016

• Represented 21.4 percent of the life sciences industry cluster’s establishments in 2016 (700).

• Electronic instrument manufacturing (-8.0%) and medical equipment and supplies manufacturing (-12.2%) both declined from 2011 to 2016.

10

10

20

30

40

50

60

90

100

160

0 20 40 60 80 100 120 140 160 180


Irradiation Apparatus Mfg

Automatic Environmental Control Mfg


Electricity & Signal Testing Instrument Mfg

Electromedical Apparatus Mfg


Surgical and Medical Instrument Mfg

Surgical Appliance and Supplies Mfg

Dental Laboratories

2016 Establishments

Medical Devices






Due to disclosure issues, search, detection & navigation instruments, other measuring & controlling devices, dental equipment & supplies mfg., and ophthalmic goods mfg. are not included in the chart above.

LIFE SCIENCES INDUSTRY CLUSTER: ANNUAL AVERAGE WAGE ANALYSIS

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERALL PRIVATE SECTOR VS. LIFE SCIENCES ANNUAL AVERAGE WAGE

$9

9,0

70

$1

04

,31

0

$1

07

,55

0

$1

11

,48

0

$1

14

,76

0

$1

19

,43

0

$1

26

,79

0

$1

30

,41

0

$1

37

,29

0

$1

44

,41

0

$1

40

,77

0

$5

1,3

80

$5

3,5

90

$5

4,9

30

$5

4,5

40

$5

5,7

40

$5

6,8

90

$5

8,0

90

$5

9,0

30

$6

0,1

50

$6

1,9

80

$6

2,4

20

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

An

nu

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vera

ge W

age

Year

Life Sciences All Industries






• Wages in the life sciences cluster have averaged 211.8% of the statewide annual average wage since 2006.

• Annual average wages for the cluster have risen +42.1% over the ten year period from 2006 to 2016.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTER5-YEAR AVERAGE ANNUAL WAGES TREND

• This cluster’s average annual wage was $140,770 in 2016, which was 125.5 percent higher than the state’s total private sector’s average annual wage of $62,420.

• All three of this cluster’s components had 2016 wages that were significantly higher than the state’s total average annual wage.






$1

45

,46

0

$8

1,6

50

$1

47

,06

0

$1

36

,52

0

$6

6,6

80

$9

2,2

30

$9

7,1

90

$5

6,8

90

$1

53

,80

0

$9

2,8

30

$1

68

,73

0

$1

91

,68

0

$6

7,1

90

$1

01

,76

0

$1

15

,31

0

$6

2,4

20

$0

$50,000

$100,000

$150,000

$200,000

An

nu

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vera

ge W

age

Industry Sectors

2011

2016

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPHARMACEUTICALS INDUSTRY TOP ANNUAL AVERAGE WAGE, 2016

$56,970

$90,120

$156,410

$168,730

$0 $50,000 $100,000 $150,000 $200,000

Soap & Other Detergent Mfg.

Toilet Preparation Mfg.



2016 Annual Average Wage

Pharmaceuticals Industry • Annual average wages increased $12,721 (or +9.4%), from $134,720 in 2011 to $147,440 in 2016.

• Increases in the industry sectors ranged from soap, cleaning, compound, toiletry and pharmaceutical manufacturing (+8.1%) to druggists’ goods merchants wholesalers (+14.7%) in annual average wages from 2011 to 2016







NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERBIOTECHNOLOGY INDUSTRY TOP ANNUAL AVERAGE WAGE, 2016

$66,420

$69,830

$91,850

$168,050

$226,270

$0 $100,000 $200,000 $300,000




R & D In Physical, Engineering & Life Sciences

Research & Development In Biotechnology


Biotechnology (R&D) • Annual average wages were $151,165 in 2016, up +30.3 percent from $116,031 in 2011.

• The industry sectors experienced increases ranged from medical & diagnostic laboratories (+0.8%) to scientific R&D services (+40.4) over the same 5-year period.






NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMEDICAL DEVICES INDUSTRY TOP ANNUAL AVERAGE WAGE, 2016

$55,300

$65,070

$71,940

$80,740

$86,490

$92,610

$92,960

$94,640

$125,850

$146,630

$0 $40,000 $80,000 $120,000 $160,000

Dental Laboratories


Automatic Environmental Control Mfg.


Irradiation Apparatus Mfg.

Electromedical Apparatus Mfg.

Electricity & Signal Testing Instrument Mfg.


Surgical Appliance and Supplies Mfg.

Surgical and Medical Instrument Mfg.


Medical Devices • Annual average wages were $112,722 in 2016, up +16.2% from $97,026 in 2011.

• Growth for the industry sectors ranged from +10.9% (electronic instrument manufacturing) to +18.6% (medical equipment and supplies manufacturing) over the 5-year period.






Due to disclosure issues, search, detection & navigation instruments, other measuring & controlling devices, dental equipment & supplies mfg., and ophthalmic goods mfg. are not included in the chart above.

LIFE SCIENCES INDUSTRY CLUSTER: REGIONAL AND COUNTY ANALYSIS

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTEREMPLOYMENT BY COUNTY, 2016 ANNUAL AVERAGES






16,850

14,960

13,360

11,580

10,390

5,970

4,720 4,080

3,140

1,670 1,360 1,180 970 790 320 260 190 130 120 0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

An

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County

• In 2016, more than one-third of Bergen County’s employment was found in medical and diagnostic laboratories (5,720).

• 18.3 percent of the employment found in Morris County was in the druggists’ goods merchant wholesalers industry (2,740).

Due to disclosure issues, Essex and Middlesex Counties are not included in the chart above.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERLIFE SCIENCES ANNUAL AVERAGE WAGE BY REGION 5-YEAR TREND

$129,540

$135,920

$144,440

$152,860

$158,340

$150,910

$107,330

$121,340

$114,300$118,990

$126,400$129,820

$85,720 $83,900$86,980

$89,770$94,250 $93,690

$80,000

$90,000

$100,000

$110,000

$120,000

$130,000

$140,000

$150,000

$160,000

$170,000

2011 2012 2013 2014 2015 2016

An

nu

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Year

Life Sciences Annual Average Wage Trend

Northern Region Central Region Southern Region



Wages, 2011-2016 Annual Averages



• Northern Region - (Bergen, Essex, Hudson, Hunterdon, Morris, Passaic, Somerset, Sussex, Union, and Warren Counties) – Annual average wage increased 16.5 percent from 2011 - 2016.

• Central Region – (Mercer, Middlesex, Monmouth, and Ocean Counties) – Annual average wage experienced a 21.0 percent growth over the five-year period.

• Southern Region – (Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, and Salem Counties) –Smallest annual average wage increase over the period amongst the regions (+9.3%).

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERCOUNTIES IN THE NORTHERN REGION






The highlighted region to the left consists of Essex, Passaic, Morris, Somerset, Union, Hudson, and Bergen Counties.

• Establishments – A majority of the Life Science industry related establishments can be found along major highways in NJ within a close proximity to New York, NY.

• Employment – Represent more than half of the life sciences employment in New Jersey in 2016.

• Average Wage – The average wage for these counties in life sciences related industries is comparatively above the statewide total average in this cluster ($151,290 vs. $140,770).

Due to disclosure issues, Essex County life sciences employment is not included in the map to the left.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERCOUNTIES IN THE CENTRAL REGION






The highlighted region to the left consists of Mercer, Middlesex, Monmouth, and Ocean Counties.

• Establishments - These counties account for more than a quarter of all establishments in the life sciences industry cluster in New Jersey.

• Employment – Employment for these five counties makes up nearly one third of employment in the life sciences industry cluster.

• Average Wage – The average wage for these counties in life sciences related industries is relatively below the statewide total average in this cluster ($129,820 vs. $140,770).

Due to disclosure issues, Middlesex County life sciences employment is not included in the map to the left.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERCOUNTIES IN THE SOUTHERN REGION






The highlighted region to the left consists of Burlington, Camden, and Gloucester Counties.

• Establishments – Having a close proximity to Philadelphia, PA these three counties account for eight percent of all life sciences industry establishments in New Jersey.

• Employment – The three counties have slightly more than 9,040 employment.

• Average Wage – The average wage for these counties in life sciences related industries is below the statewide total average in this cluster ($96,490 vs. $140,770). These counties also account for 5.0 percent of total life sciences annual average wages paid in 2016.

LIFE SCIENCES INDUSTRY CLUSTER: OCCUPATIONAL ANALYSIS

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERTOP OCCUPATIONAL GROUPS, 2016

Occupational Title2016

Employment

2016 Average Salary

All Life Sciences Occupations 116,580 $81,210

Production 20,640 $41,570

Life, Physical, and Social Science 15,340 $100,430

Office and Administrative Support 14,930 $45,000

Management 13,450 $171,960

Business and Financial Operations 8,820 $86,440

Healthcare Practitioners and Technical 7,830 $68,210

Architecture and Engineering 7,730 $101,910

Computer and Mathematical 6,700 $105,420

Sales and Related 6,390 $92,110

Transportation and Material Moving 4,990 $33,210

Healthcare Support 4,770 $38,500

Installation, Maintenance, and Repair 2,360 $57,720


Development, Occupational Employment Statistics,

May 2016



Production17.8%

Life, Physical, and Social

Science 13.2%

Office and Administrative

Support 12.9%

Management 11.6%

Business and Financial

Operations 7.6%

Healthcare Practitioners and Technical

6.7%

Architecture and

Engineering 6.7%

Computer and Mathematical

5.8%

Sales and Related

5.5%

Other12.4%

Life Sciences Industry Cluster

Note: Due to disclosure issues, of the total 116,580 jobs identified, only 99.7% could be used for this occupational analysis.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERINDUSTRY CLUSTER TOP 20 OCCUPATIONS BY EMPLOYMENT, 2016

New Jersey Life Sciences Cluster's Top 20 Occupations

NAICS and Occupational Title2016

EmploymentEducation

19-2031 Chemists 4,400 Bachelor's degree

51-9111 Packaging and Filling Machine Operators and Tenders 3,540 High school diploma or equivalent

31-9097 Phlebotomists 2,700 Postsecondary non-degree award

41-4012 Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 2,360 High school diploma or equivalent

11-9121 Natural Sciences Managers 2,330 Bachelor's degree

19-1021 Biochemists and Biophysicists 2,290 Doctoral or professional degree

19-4031 Chemical Technicians 2,190 Associate's degree

51-9061 Inspectors, Testers, Sorters, Samplers, and Weighers 2,080 High school diploma or equivalent

53-7064 Packers and Packagers, Hand 1,800 No formal educational credential

11-1021 General and Operations Managers 1,770 Bachelor's degree

29-2011 Medical and Clinical Laboratory Technologists 1,770 Bachelor's degree

43-4051 Customer Service Representatives 1,760 High school diploma or equivalent

51-1011 First-Line Supervisors of Production and Operating Workers 1,660 High school diploma or equivalent

51-9011 Chemical Equipment Operators and Tenders 1,660 High school diploma or equivalent

51-9023 Mixing and Blending Machine Setters, Operators, and Tenders 1,580 High school diploma or equivalent

53-7062 Laborers and Freight, Stock, and Material Movers, Hand 1,470 No formal educational credential

51-2022 Electrical and Electronic Equipment Assemblers 1,320 High school diploma or equivalent

43-4171 Receptionists and Information Clerks 1,290 High school diploma or equivalent

43-6014 Secretaries and Administrative Assistants, Except Legal, Medical 1,220 High school diploma or equivalent

43-9061 Office Clerks, General 1,220 High school diploma or equivalent



May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPHARMACEUTICAL COMPONENT, 2016

Production24.5%


Support13.5%

Life, Physical, and Social Science

12.0%

Management11.9%

Sales and Related9.1%

Business and Financial Operations

8.4%

Transportation and Material Moving

6.8%Healthcare

Practitioners and Technical

4.2%

Other9.6%

An occupational analysis of 47,150 jobs revealed that five major occupational groups in this component accounted for nearly three-fourths (71%) of the employment.

Sales and related and transportation and material occupational groups are in the top seven components for the pharmaceuticals sub sector and not for the total industry cluster.

Note: Due to disclosure issues, of the total 47,430 jobs identified, only 47,150 could be used for this occupational analysis.



May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPHARMACEUTICAL’S MAJOR OCCUPATIONAL GROUPS, 2016

• In all three industry groups, office & administrative support workers account for a significant portion of the employment.

• A majority of occupations in pharmaceutical and medicine manufacturing and soap, cleaning compound, and toilet preparation manufacturing are production related while occupations in drugs & druggists sundries merchant wholesalers are sales and related occupations.

Production37%


19%

Management12%


Support8%


8%

Other16%

Pharmaceutical & Medicine Manufacturing

Production36%


Support16%

Transportation

and Material Moving

16%

Management7%

Installation, Maintenance, and

Repair7%

Other18%

Soap, Cleaning Compound, & Toilet Preparation

Manufacturing

Sales and Related

22%


Support20%

Management14%

Healthcare

Practitioners and Technical

12%

Business and Financial

Operations11%

Other21%

Drugs & Druggists' Sundries Merchant Wholesalers



May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERTOP PHARMACEUTICAL OCCUPATIONS, 2016



May 2016



3,2

50

2,7

70

2,0

40

1,6

10

1,5

50

1,4

80

1,1

80

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Packaging andFilling MachineOperators and

Tenders

Chemists SalesRepresentatives,Wholesale andManufacturing,

Except Technicaland Scientific

Products

ChemicalEquipment

Operators andTenders

Mixing andBlending

Machine Setters,Operators, and

Tenders

Inspectors,Testers, Sorters,Samplers, and

Weighers

Laborers andFreight, Stock,and Material

Movers, Hand

Ave

rage SalaryEm

plo

yme

nt

Occupation

Employment Average Salary

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERBIOTECHNOLOGY (R&D) COMPONENT, 2016


20.9%

Management12.8%

Healthcare Practitioners and

Technical12.7%


Support12.2%

Healthcare Support10.5%


9.4%


6.6%Architecture and Engineering

5.1%

Other9.8%

An occupational analysis of 45,310 jobs revealed that five major occupational groups in this component accounted for more than two-thirds (69.1%) of the employment.

Life, physical, and social science occupations employed the most in this component with more than 9,490 jobs, and accounted for more than one-fifth of the component.




May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERBIOTECHNOLOGY (R&D) MAJOR OCCUPATIONAL GROUPS, 2016

Life, Physical, and Social

Science31%

Management17%


13%


9%

Architecture and Engineering

8%


Support7%

Other15%

Scientific Research & Development Services

Healthcare Practitioners and

Technical34%

Healthcare Support

31%


Support23%

Other12%

Medical and Diagnostic Laboratories

• Biotech’s occupational groups show that these industry groups utilize a significant portion of professional, scientific, and technical workers with in-depth skills and knowledge related to science and healthcare.

• Nearly 90% of occupations found in the medical and diagnostic laboratories can be found in three major occupational groups: office and administrative support, healthcare support, and healthcare practitioners and technical.



May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERTOP BIOTECHNOLOGY (R&D) OCCUPATIONS, 2016



May 2016



2,7

00

1,7

70

1,6

00

1,4

70

1,4

70

1,1

70

1,1

60

-$10,000

$40,000

$90,000

$140,000

$190,000

$240,000

0

500

1,000

1,500

2,000

2,500

3,000

Phlebotomists Medical andClinical

LaboratoryTechnologists

Chemists ChemicalTechnicians

Natural SciencesManagers

Medical andClinical

LaboratoryTechnicians

Biochemists andBiophysicists

Ave

rage SalaryEm

plo

yme

nt

Occupation


NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMEDICAL DEVICE COMPONENT, 2016

Production34.1%


19.1%Office and

Administrative12.7%

Management8.6%


7.9%


5.4%

Other12.3%

An occupational analysis of 23,720 jobs revealed that five major occupational groups in this component accounted for nearly ninety percent of the employment (82.3%).

Production occupations employed the most in this component with 8,080 jobs, and accounted for more than one third of the component (34.1%).




May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERMEDICAL DEVICES MAJOR OCCUPATIONAL GROUPS, 2016


30%Production

25%

Office and Administrative Support

11%


10%

Management9%


6% Other9%

Navigational, Measuring, Electromedical, & Control Instruments Manufacturing

Production44%

Office and Administrative Support

15%


10%

Management9%


7%

Other15%

Medical Equipment and Supplies Manufacturing

• While the percentages differ, the top four occupational groups reveal that these two industry groups both have a need for many of the same type of workers.

• Occupations found in the medical devices component are production and architecture and engineering based, but other occupational family groups that make up a significant percentage are office and administrative support, and business and financial operations.



May 2016



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERTOP MEDICAL DEVICE OCCUPATIONS, 2016



May 2016



1,3

20

68

0

67

0

66

0

64

0

61

0

60

0

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

0

200

400

600

800

1,000

1,200

1,400

Electrical andElectronic Equipment

Assemblers

ElectromechanicalEquipmentAssemblers

Packers andPackagers, Hand

Dental LaboratoryTechnicians

Medical ApplianceTechnicians

Computer-ControlledMachine Tool

Operators, Metal andPlastic

Inspectors, Testers,Sorters, Samplers,

and Weighers

Ave

rage SalaryEm

plo

yme

nt

Occupation


LIFE SCIENCES INDUSTRY CLUSTER: 2015 DEMOGRAPHIC OVERVIEW

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTEREDUCATION CHARACTERISTICS

High School or less

18.3%

Some college/ Associates

degree19.6%

Bachelor's degree33.6%

Master's/ Professional

degree22.5%

Doctoral degree5.9%

Educational Breakdown• It is often mentioned that

life sciences related employers require a well-educated and highly skilled workforce to meet the high level and technical demands of many of the occupations they need to fill.

• Nearly two-thirds of New Jersey’s workforce employed in this cluster hold at least a Bachelor’s degree, many holding even more advanced degrees.

Source: U.S. Census Bureau, 2016 American

Community Survey



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERNJ RESIDENTS IN LIFE SCIENCES INDUSTRY CLUSTER WORKFORCE

Male53%

Female47%

All Industries

White66%

Black11%

Asian17%

Other6%

Life Sciences

White69%

Black13%

Asian10%

Other8%

All Industries

Non-Hispanic

87%

Hispanic13%

Life Sciences

Non-Hispanic

80%

Hispanic20%

All Industries

Females outnumber males by 2.6 % in this clusterMale49%

Female51%

Life Sciences

The life sciences workforce has a greater proportion of NJ residents who are Asian (16.8%)

The life sciences workforce has fewer Hispanics than average


Community Survey



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERLIFE SCIENCES INDUSTRY CLUSTER VS. TOTAL NONFARM

-30

.0%

-20

.0%

-10

.0%

0.0

%

10

.0%

20

.0%

30

.0%

65 & over

55-64

45-54

35-44

25-34

Less than 25

Age Breakdown of Workers in Life Sciences and All Industries

New Jersey, 2016

Life Sciences

All Industries

• The workforce of the life sciences industry is older than average with 54.2 percent aged 45 and up compared to only 47 percent overall.

• The largest disparity among age cohorts occurs in the 45-54 year old age group, where 30 percent of the life sciences industry cluster is found.

• 4.2 percent of the current NJ resident life sciences workforce is aged 65 and older.


Community Survey



NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERNJ RESIDENTS PERSONAL EARNINGS

14

.5%

19

.5%

15

.4%

13

.1%

19

.5%

7.9

%

10

.1%

32

.6%

23

.8%

17

.1%

9.7

%

9.8

%

3.1

%

4.0

%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

Tota

l Pe

rce

nt

of

Wo

rke

rs

Personal Earnings in New Jersey, 2016

Life Sciences All Industries

• Nearly two-thirds of the worker (66%) in this cluster earned over $50,000, whereas 56.4% of all workers (in all industries combined) earned less than $50,000.

• The percentage of workers making $150,000 or greater is almost a 3:1 ratio in favor of this cluster.


Community Survey



Earnings (U.S. Dollars)

LIFE SCIENCES INDUSTRY CLUSTER: TOP OCCUPATIONS OUTLOOK

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERTOP LIFE SCIENCES OCCUPATIONS OUTLOOK ACROSS ALL INDUSTRIES

Occupational Title

Employment Average Annual

Actual ProjectedChange 2014 -

2024Job Openings

2014 2024 Number Percent Total Growth Replacement

Phlebotomists 4,880 5,890 1,010 20.7 200 100 100

Laborers & Freight, Stock, & Material Movers, Hand 83,850 95,360 11,510 13.7 3,650 1,150 2,500

Medical & Clinical Laboratory Technologists 4,850 5,470 620 12.8 180 60 120

Biochemists & Biophysicists 3,700 4,130 430 11.6 140 40 100

Packers & Packagers, Hand 30,170 33,280 3,110 10.3 1,110 310 800

Customer Service Representatives 66,030 71,660 5,630 8.5 2,190 560 1,630

General & Operations Managers 47,200 51,150 3,960 8.4 1,590 400 1,200

Pharmacy Technicians 9,200 9,890 700 7.6 160 70 90

Natural Sciences Managers 4,090 4,390 310 7.5 120 30 90

Chemical Technicians 4,430 4,630 200 4.6 150 20 130

Packaging & Filling Machine Operators & Tenders 14,610 15,020 420 2.8 560 40 520

Sales Representatives, Wholesale & Manufacturing, Except Technical & Scientific Products

43,610 44,820 1,210 2.8 1,020 120 900

Secretaries & Administrative Assistants, Except Legal, Medical, and Executive 65,690 66,020 330 0.5 730 30 690

Chemists 5,520 5,540 20 0.3 120 0 120

Industrial Engineers 3,760 3,730 -30 -0.9 110 0 110

Inspectors, Testers, Sorters, Samplers, & Weighers 10,490 10,340 -150 -1.4 260 0 260

First-Line Supervisors of Production & Operating Workers 13,850 13,440 -400 -2.9 220 0 220

Mixing & Blending Machine Setters, Operators, & Tenders 4,900 4,650 -250 -5.1 110 0 110

Chemical Equipment Operators & Tenders 3,040 2,700 -340 -11.3 100 0 100

Extruding, Forming, Pressing, & Compacting Machine Setters, Operators, & Tenders 3,830 3,370 -460 -12.0 140 0 140

Source: New Jersey Department of Labor and Workforce

Development, 2014–2024 Industry and Occupational

Employment Projections.

Prepared by: New Jersey Department of Labor and Workforce

Development, January 2018

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERPROJECTED ANNUAL AVERAGE OPENINGS FOR TOP OCCUPATIONS

0

40

30

120

310

400

560

1150

260

520

690

900

800

1200

1630

2500

0 500 1000 1500 2000 2500 3000 3500 4000

Inspectors, Testers, Sorters, Samplers, & Weighers

Packaging & Filling Machine Operators & Tenders

Secretaries & Administrative Assistants, Except Legal,Medical, & Executive

Sales Representatives, Wholesale & Manufacturing,Except Technical & Scientific Products

Packers & Packagers, Hand

General & Operations Managers

Customer Service Representatives

Laborers & Freight, Stock, & Material Movers, Hand

2014-2024 Projected Annual Average Job Openings

Growth Replacement

3,650

2,190

1,590

1,110

1,020

730

560

260

Source: New Jersey Department of Labor and Workforce

Development, 2014–2024 Industry and Occupational

Employment Projections.

Prepared by: New Jersey Department of Labor and Workforce

Development, January 2018

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERCOPYRIGHT STATEMENT

This workforce product was funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration. The product was created by the recipient and does not necessarily reflect the official position of the U.S. Department of Labor. The Department of Labor makes no guarantees, warranties, or assurances of any kind, express or implied, with respect to such information, including any information on linked sites and including, but not limited to, accuracy of the information or its completeness, timeliness, usefulness, adequacy, continued availability, or ownership. This product is copyrighted by the institution that created it. Internal use by an organization and/or personal use by an individual for non-commercial purposes is permissible. All other uses require the prior authorization of the copyright owner.

NEW JERSEY LIFE SCIENCES INDUSTRY CLUSTERCONTACT INFORMATION

New Jersey Department of Labor & Workforce Development

http://lwd.dol.state.nj.us/

P.O. Box 057

Trenton, NJ 08625-0057

Office of Research and Information

http://lwd.dol.state.nj.us/labor/lpa/LMI_index.html

Alex Ancianis– Labor Market Analyst

Tel: (609)984-9683

Email: [email protected]

http://lwd.dol.state.nj.us/

http://lwd.dol.state.nj.us/labor/lpa/LMI_index.html

mailto:[email protected]

Documents

New Jersey’s Life Sciences Industry Clusternj.gov/labor/lpa/pub/empecon/biopharma.pdf · New Jersey a competitive advantage compared to ... LIFE SCIENCES INDUSTRY CLUSTER: EMPLOYMENT