Life Sciences Talent Network
The Life Sciences Talent Network, led by Rutgers University, connects with businesses, educational institutions, workforce organizations, training groups, and community- and faith-based organizations to gather ground-level intelligence on the industry to make informed decisions on high-quality public workforce investments and expand the number of New Jersey residents with industry-valued credentials or degrees.
- Life sciences 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.
- The industry paid over $16.5 billion in 2016 annual payrolls, which is 7.8 percent of the state’s total wages.
- Establishments totaled over 3,200 in 2016. Over a five-year period (2011‐2016), New Jersey’s drug and pharmaceutical component still grew by 10.5 percent.