After a slow summer, September saw biotech & pharma fundraising explode, with $3B raised across 20+ deals, including 3 IPOs. Once funding is received, talent teams usually kick hiring up a notch to inject growth across their firms. I thought I’d take a minute to share where opportunity lies within the main scientific hubs and which skill-sets are most sought after.
5% Talent Pool Growth
16% Market Liquidity
Top 5 in demand skills (by number of job adverts):
-4% Talent Pool Growth
16% Market Liquidity
Top 5 in demand skills (by number of job adverts):
9% Talent Pool Growth
12% Market Liquidity
Top 5 in demand skills (by number of job adverts):
2% Talent Pool Growth
15% Market Liquidity
Top 5 in demand skills (by number of job adverts):
15% Talent Pool Growth
12% Market Liquidity
Top 5 in demand skills (by number of job adverts):
0% Talent Pool Growth
11% Market Liquidity
Top 5 in demand skills (by number of job adverts):
-2% talent pool growth rate
15,155 changes jobs
10% Market Liquidity
Top 5 in demand skills (by number of job adverts):
40% Talent Pool Growth Rate
9% Market Liquidity
Top 5 in demand skills (by number of job adverts):
6% Talent Pool Growth Rate
20% Market Liquidity
Top 5 in demand skills (by number of job adverts):
-0.9% Talent Pool Growth
11% Market Liquidity
Top 5 in demand skills (by number of job adverts):
Whether you’re a job seeker or an employer, understanding these talent trends can help you stay competitive in the current market. For job seekers, identifying the right hubs where demand is highest for your skill set can give you an edge in securing new opportunities, particularly in regions like Boston, San Francisco, and the Biohealth Capital Region, which have strong liquidity and specialized demand.
For employers, in regions with high market liquidity (such as Boston's 20%), it’s essential to create compelling offers to retain talent and differentiate your company. Offering career development opportunities, competitive compensation packages, and flexibility will help you stand out in a dynamic, fast-moving job market. In lower liquidity areas, the focus should be on creating a work environment that fosters long-term employee satisfaction to reduce turnover and build a stable workforce.
Talent pool growth indicates an increase in the availability of qualified candidates, often driven by rising market demand, industry expansion, or enhanced recruitment efforts. While it provides employers with a broader range of talent to choose from, it can also signal heightened competition for top candidates, prompting companies to improve their recruitment strategies.
Market liquidity reflects the ease with which professionals can transition between roles or employers within a given market. High liquidity indicates a dynamic job market where individuals frequently change jobs, driven by factors such as strong demand for talent, abundant job opportunities, or attractive compensation packages. This movement suggests a competitive environment where companies may need to offer better incentives to attract and retain talent. Conversely, low liquidity implies that people are staying in roles longer, which could result from fewer opportunities, economic uncertainty, or high employee satisfaction.
Our talent insights are sourced using our proprietary technology which sources information from our database of over 35000 professionals as well as from publicly available sources such as Linkedin.
Visit our Talent Insights Hub here, you’ll find specialized reports for multiple regions across the US. If you have any questions, please don’t hesitate to contact us.
