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Employment of economists is projected to grow 13 percent from 2020 to 2030, faster than the average for all occupations. About 1,600 openings for economists are projected each year, on average, over the decade.
Top 10 In-Demand Economics CareersSecurities Trader. Median Pay: $130,299.Financial Manager. Median Pay: $129,890.Economist. Median Pay: $129,826.Lawyer. Median Pay: $122,960.Actuary. Median Pay: $121,077.Data Scientist. Median Pay: $116,185.Management Consultant. Median Pay: $103,022.Mathematicians and Statisticians.More items...?
Employment of economists is projected to grow 6 percent from 2016 to 2026, about as fast as the average for all occupations. Businesses and organizations across many industries use economic analysis and quantitative methods to analyze and forecast business, sales, and other economic trends.
Top 10 Jobs for Economics MajorsAccountant. Average annual salary: $71,550.Actuary. Average annual salary: $108,350.Financial Analyst. Average annual salary: $85,660.Pricing Analyst. Average annual salary: $86,000.Data Scientist. Average annual salary: $100,560.Economist.Lawyer.Management Consultant.More items...?
Common career paths for economics graduates include:Economist.Financial risk analyst.Data analyst.Financial planner.Accountant.Economic researcher.Financial consultant.Investment analyst.More items...
A: Yes. Many of the jobs suited for economics degree holders are currently in demand. Competition for the most lucrative jobs in the field will be stiff, however. You can set yourself apart from the competition by earning an advanced degree or a professional certification in your field.
10 Careers in Economics to Consider for Econ MajorsEconomist. One of the most common jobs for someone with an economics degree is an economist.Financial Analyst.Accountant.Actuary.Market Research Analyst.Statistician.Management Consultant.Policy Analyst.More items...?
An economics degree is absolutely worth it. Economics is a highly relevant field as it helps us understand the production, distribution, and consumption of goods and services. The study of economics paves way for improving the living conditions of people.
The majority of economists go to work to the US, Germany and France (11% of the respondents respectively), followed by Switzerland (8%), Italy, Netherlands and the UK (6% respectively). These findings are based on the responses of 355 economists from 68 countries.
The national average annual wage of an economist is $116,020, according to the BLS, which is more than double the average annual salary for all occupations, $51,960. However, the average economist salary swings significantly from this depending on the state you're in.