Business Chief US+CAN Magazine November 2019 | Page 76

INDUSTRY
CITY FOCUS | HOUSTON
76
INDUSTRY
Starting in the late 20th century , Boston ’ s forays into the medicine , technology and higher education industries have turned it into a national leader . The largest industry in Boston is healthcare , which made up 18.3 % of its job market in 2016 , employing 144,957 people . According to the Boston Planning & Development Agency Research Division , its major industries are professional , scientific and technical services ( with 12.5 % or 98,933 employees ), finance and insurance ( 11.5 % or 91,323 employees ), government ( with 9.7 % or 76,940 employees ), accommodation and food services ( 7.9 % or 62,609 employees ), and educational services ( 7.5 % or 59,414 employees ).
Among the 10 largest employers in Boston , four are hospitals : Children ’ s Hospital , Massachusetts General Hospital , Brigham and Women ’ s Hospital , and Beth Israel Deaconess Medical Center . With regards to higher education , Boston has been ranked the 12th best student city in the United States , according to Top Universities , with 54 institutions in the greater metro area and three research universities in Boston itself : UMass Boston , Boston University , and Northeastern University .
© Boston planning and development agency
NOVEMBER 2019