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BRA Releases: The Largest Private Sector Companies Report

Apr 25, 2011

The Largest Private Sector Companies Report The Research Division of the BRA conducted an analysis of the largest private sector companies with 500 or more employees in Boston. This report will be complemented by a survey of these employers, administered by the University of Massachusetts’ Center for Survey Research in Boston, to verify employment estimates and to answer the following questions: • the number of employees that reside in Boston; • the educational level of employees that live in Boston and; • the distribution of employees according to their working status e.g. full time or part time. The analysis was done using secondary data1 and revealed that there are 111 private sector companies within the city of Boston with 500 or more employees. These establishments account for approximately 191,500 jobs, or 29% of all private jobs in the city. Massachusetts General Hospital is the city’s largest employer providing over 14,000 jobs followed by Brigham and Women’s with over 11,600 jobs and Boston University with approximately 9,300. Together they provide over 35,000 jobs representing 18% of the jobs supplied by all Boston’s largest employers. The most significant industry sectors among Boston’s largest employers are Health Care, Finance and Insurance, and Higher Education. These three industries account for approximately 74% of all employment in Boston’s largest employers, or roughly 142,000 jobs across 61 companies. For more information, please contact BRA Research Department

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