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Economists In Demand

General Information

Description

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Business Breakdown

People in this career work in these sectors.

  1. Private, for profit32.34%
  2. Federal government30.92%
  3. Private, not for profit17.19%
  4. State and local government13.95%
  5. Self-employed5.26%

Workplace at a Glance

What you can expect to experience while on the job

  • Responsibility
  • Exposure to job hazards
  • Physical activity
  • Decision making
  • Repetitiveness
  • Level of competition
  • Time pressure

Industry areas

  • Science, Technology, Engineering & Mathematics

Job Outlook

Projected Job Growth (2022 - 2032)
+6%
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Salary

Salary Information

Median Salary This is the median, or the midpoint, of the salary range for this career.

$113,940

State-by-state Salary

Gray states indicate no data available

Salary Range Salary varies based on years of experience, degree level and location.

$39,130
$143,060
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Education & Interests

Most Common Education Levels

People in this career achieve this level of education.

  • Doctoral degree 60%
  • Master's degree 30%
  • Post-doctoral training 4%
  • Post-master's certificate 4%
  • High school 0%
  • Some college 0%
  • Bachelor's degree 0%
  • Associate's degree 0%
  • Post baccalaureate 0%
  • Less than high school 0%
  • First professional degree 0%
  • Post-secondary certificate 0%

PERSONALITY CHARACTERISTICS

You may find this career fulfilling if you consider yourself to be:

  • Investigative — You have an interest in studying and researching objects, organisms, and other things.
  • Conventional — You have an interest in following procedures and regulations to organize information or data.
  • Enterprising — You have an interest in managing, negotiating and marketing, or leading and advising others.

Not sure what characteristics best describe you? Take the RIASEC Test.

Skills at a Glance

Skills helpful in this career

  • Verbal skills
  • Critical thinking & problem solving
  • Equipment operation & maintenance
  • Math & science skills
  • Technology design & control
  • Leadership

Knowledge

  • Mathematics
  • Economics and Accounting
  • English Language
  • Computers and Electronics
  • Education and Training

Gain insights into your knowledge by using the ASVAB Career Exploration Program

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