Enhancing a Robust Industry

Employment in Los Angeles County’s bioscience industry sectors rose from 37,759 jobs in 2001 to 42,211 jobs in 2010, an increase of 4,452 jobs, or 11.8 percent.

Jobs

The bioscience industry has been a consistent growth industry in Los Angeles County over the past decade, even through the recession and weak recovery years. In the core bioscience industry sectors (not including hospitals), employment in Los Angeles County rose from 37,759 jobs in 2001 to 42,211 jobs in 2010, an increase of 4,452 jobs, or 11.8 percent. The growth in the County’s bioscience industry employment has been so robust and persistent that it grew even through the recession years of 2008 and 2009.

Economic growth

Bioscience industry employment rose even as total private sector employment fell sharply in Los Angeles County. While the County’s bioscience industry employment grew by 11.8 percent from 2001 to 2010, total private sector employment in the County fell during the same time period by more than 225,000 jobs, a decline of 6.4 percent. This fall off in private sector employment in the County was most severe through the recession and weak economic recovery years of 2008 to 2010, when total private sector employment fell by 9.0 percent in Los Angeles County from its peak in 2007 and yet grew by 2.2 percent for bioscience industry in the County.