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Approximately one-third of all economists are employed by the government. Financial Institution Examiners ensure compliance with laws governing financial institutions and transactions. They review balance sheets, evaluate the risk level of loans, and assess bank management.
The average Economist Group salary ranges from approximately $58,944 per year for a Marketing Associate to $133,476 per year for a Business Development Manager.
A Economist gets an average compensation that can range from $59,220 and $198,230 depending on the level of seniority.
The national average salary for economists is $101,813 per year , but the salary you may earn depends on factors like your education, experience level and employer. Some geographical areas also pay economists more than others. Here are the average salaries for an economist by state, starting with the highest.
Last updated on September 6, 20231, the BLS reports that the number of positions for economists from 2022 through 2032 is expected to grow at a rate of 6% over the decade. This is roughly twice as fast as the economy-wide average; the BLS states that ?The average growth rate for all occupations is 3 percent?.
Economists typically need a master's degree. Positions in business, research, or international organizations may require a master's degree or Ph. D. and work experience.
Last updated on September 6, 20231, the BLS reports that the number of positions for economists from 2022 through 2032 is expected to grow at a rate of 6% over the decade. This is roughly twice as fast as the economy-wide average; the BLS states that ?The average growth rate for all occupations is 3 percent?.
Economics-related roles tend to offer high-paying salaries to those with a relevant degree. Economics-related roles fall within the business and finance sectors. In 2021, the BLS reported that occupations within this category pay a national average salary of $76,570 annually.