The US pharma industry experienced a 25% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by CSL with 3,330 job postings according to GlobalData’s analysis of pharma company job postings. GlobalData’s Pharma: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the pharmaceuticals industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Management Occupations jobs accounted for a 20% share of the US pharma industry new job postings in Q3 2023, down by 41% over the prior quarter.
Management Occupations drive pharma industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 20% of the total new job postings in Q3 2023 and were down by 51% year-on-year. Second highest were Life, Physical, and Social Science Occupations, which accounted for 10% and drop by 46% year-on-year, and third highest were Healthcare Practitioners and Technical Occupations, which were 28% of the new job postings and 61% lower year-on-year.
Top five companies in pharma industry accounted for 35% of hiring activity
For further understanding of GlobalData's Pharma: Hiring Trends & Signals Q3 2023, buy the report here.