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During the fourth quarter—and for the fourth time in 2024—quarterly job postings that were live on the BioSpace website dropped year over year. Meanwhile, layoffs continued, pushing thousands of biopharma professionals into the job market alongside their employed counterparts.
The decline in positions live on BioSpace during Q4 was higher than the drop in Q3 (16% vs. 11%). However, both quarters fared better than Q1 and Q2, when there were 25% and 24% fewer job postings live, respectively.
Also noteworthy: The number of average jobs live on BioSpace declined significantly from fourth quarter 2022 to fourth…