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Friday, February 19, 2010
Biomedical employment has held remarkably steady in San Diego and throughout California, even though other parts of our economy saw steep declines and the highest unemployment levels since the Great Depression. That was the top-line finding of the 2010 California Biomedical Industry Report, just released by the California Healthcare Institute (CHI) and PricewaterhouseCoopers.
San Diego saw the strongest employment growth among the state’s main biomedical clusters. Despite the recession, biomedical jobs here grew 2.5 percent—from 23,545 in March 2008 to 24,123 in March 2009—expanding faster than in the San Francisco Bay Area, Los Angeles or Orange County. Statewide, the biomedical industry puts nearly 274,000 Californians to work in jobs that pay an average of nearly $75,000.Read Full Article
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