News Headlines Article

Biomedical job growth stalls in California, study finds
Sacramento Bee

Job growth in California’s biomedical industry has stalled as uneasy investors wait out a shaky economy and an uncertain regulatory environment.

Employment in the sector has dropped to pre-recession levels statewide, according to a recent California Healthcare Institute report.

The biomedical sector shed 2.3 percent of its workforce – about 6,300 jobs statewide – between its 2008 peak and 2011, according to the institute.