Career Outlook

Biochemists

According to the US Department of Labor’s Occupational Outlook Handbook, employment of biochemists and biophysicists is projected to increase by 31 percent from 2010 to 2020, resulting in about 7,700 new jobs for that period. Median annual wages as of May 2010 were $79,390 and vary by industry:

Biochemists
Pharmaceutical and medicine manufacturing $84,970
Research and development in the physical, engineering, and life sciences $83,590
Colleges, universities, and professional schools; state, local, and private $50,760

 

Chemists

Employment growth is expected to be 4 percent through 2020, with about 3,200 jobs projected to be added during that period. While the median annual wage for chemists was $68,320 (as of May 2010), salaries fluctuate widely by industry:

Chemists
Federal government, excluding postal service $100,910
Research and development in the physical, engineering, and life sciences $77,110
Pharmaceutical and medicine manufacturing $67,540
Testing laboratories $52,220
Colleges, universities, and professional schools; state, local, and private $49,430