Comment by FilosofumRex
8 hours ago
Life Sciences is misleading because it includes lots of teaching hospitals which are funded by the Feds, and not the states and don't do biotech nor any product development, but employ thousands of low paid academic post-docs and researchers.
I explicitly excluded those from my research, including only employees of for-profits. While federally funded research is important, it would be misleading to include academia in employment figures.
To wit, Harvard alone has 10000 medical research faculty. I can only imagine how many grad students are toiling away in all those labs (or were, before the dismantling of NIH).