Hiring in the North American pharma industry drop by 26% in Q3 2023

Notably, Management Occupations jobs accounted for a 20% share of the North American pharma industry’s total new job postings in Q3 2023, drop 41% over the prior quarter.

Management Occupations drive pharma industry hiring activity

Management Occupations, with a share of 20% new job postings, was the occupation with the greatest hiring activity in the North American pharma industry in Q3 2023 , ahead of Life, Physical, and Social Science Occupations with a 10% share of new job postings.

The other prominent roles included Healthcare Practitioners and Technical Occupations with an 8% share in Q3 2023, Sales and Related Occupations with a 6% share and Healthcare Support Occupations with a 6% share of new job postings.

Top five companies accounted for 34% of hiring activity

CSL posted 3,389 jobs in Q3 2023 and registered a growth of 37% over the previous quarter, followed by Grifols with 2,827 jobs and a 75% growth. Merck, with 1,804 jobs, and Charles River Laboratories International, with 1,356 jobs, recorded a 26% drop and a 9% drop, respectively, while Pfizer recorded a 46% decline with a 1,153 new job postings during Q3 2023.

Regional analysis of hiring in the North American pharma industry, Q3 2023

The US held the leading share of the North American pharma hiring activity with a 92.39% share, a 25% decrease over Q2 2023. Canada was next with 4.21%, four-percentage-point down over the previous quarter.

For further understanding of GlobalData’s Pharma: Hiring Trends & Signals Q3 2023, buy the report here.

This content was updated on 8 October 2023

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GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.