Pharma sector to shed 2,500 jobs in five years
ONE in every 10 lower level jobs in the thriving pharmaceutical sector of the economy will disappear within the next five years.
But a new report says this loss of 2,500 jobs could be balanced by the creation of additional high quality professional positions if the sector gets the right kind of graduates.
The graduates will need new kinds of skills and better business acumen, says the report from the Expert Group on Future Skills Needs.
The pharma sector employs 25,300 people directly, with a further 24,000 in support services to the industry.
Ireland must take action now to ensure that the education and training sectors can provide industry with flexible, highly-skilled people, capable of driving the business forward, the report says.
If this is achieved, there could be an additional 3,100 jobs for professionals by 2015.