Thursday, May 1, 2014
ATC: Life Sciences Contributes $1 Billion Per Year, 6,000 Jobs To Central Texas
The Austin Technology Council says that it has released the results of a study measuring the impact of the the life sciences industry in Austin and surrounding areas, saying the industry is contributing $1 billion per year, and 6,000 jobs to the region. The study--conducted for the ATC by Civic Analytics LLC---found 206 companies in the sector, with an average wage of $75,209. The ATC said there is a "broad workforce development opportunity" for the region in the life sciences sector.