A new MassBioEd employment outlook report found Massachusetts’ life sciences workforce dipped 1% in 2025 after 14 years of growth, to 143,224 jobs. The report projects a rebound with 9.7% growth by 2030, projecting about 13,895 net new roles, while noting reskilling needs for roles such as scientists. The data show that biopharma and medical lab jobs fell 0.3% in 2025, even as other segments—engineering professionals and production workers—showed growth. The workforce mix remains anchored by biopharmaceuticals and labs, with scientists representing 25% of the state’s life sciences workforce. For biotech leaders, the employment signal matters because it ties talent availability and restructuring pressure to the broader cycle of capital allocation, which in turn influences hiring, site selection, and lab capacity planning.