Economists

Detailed Occupation

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2022 Workforce

33.2k

Average Age

43.8

Estimated Job Growth

6.25%

10-year projection

Average Salary

$153,241

Average Male Salary

$162,475

Average Female Salary

$135,931

About

Economists are most often employed by the Administration of economic programs & space research industry. The average yearly wage for Economists was $153,241 in N/A.

The locations that employ the most Economists are District of Columbia (Central) PUMA, DC, District of Columbia (South Central) PUMA, DC, and South Montgomery County--South Bethesda & Chevy Chase PUMA, MD. The locations with a relatively high concentration of Economists are District of Columbia (Central) PUMA, DC, South Montgomery County--South Bethesda & Chevy Chase PUMA, MD, and District of Columbia (West) PUMA, DC.

Photo by Rob Pongsajapan

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Employment and salary information for the Economists workforce. Economists workforce in N/A was N/A people, of which N/A% were women and N/A% were men. Economists are paid most in N/A but are relatively concentrated in District of Columbia (Central) PUMA, DC.

Employment Over Time

Metric

Grouping

N/A

Male Workforce

± N/A

N/A

Female Workforce

± N/A

The Economists workforce in N/A was N/A people (N/A% women and N/A% men). This implies an average annual growth of N/A% between N/A (N/A) and N/A (N/A).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Economists.

During N/A, the states that concentrated the best average annual wage were N/A.

Yearly Wage Ranking

$153,241

AVERAGE WAGE

#N/A in the ranking (N/A)

N/A

NATIONAL AVERAGE WAGE

For all occupations across the US

In N/A, Economists earned an average of N/A, $NaNk less than the average national salary of N/A

Wage Distribution

Gender

N/A

WAGE GINI

In N/A, Economists had a wage GINI coefficient of N/A, which is lower than the national average of N/A. In other words, wages are distributed more evenly for Economists (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Economists compared to the entire workforce in the country.

Industry

Information on the industries that employ Economists and on wages for those in the field. Administration of economic programs & space research is the industry that employs the most Economists, both by share and by number, though the highest paid industry for Economists, by average wage, is N/A (N/A).

Occupations by Industries

Metric

Value

33.2k

2022 Workforce

± 4,476

4.58%

1 YEAR GROWTH

± 18.4%

This graphic shows the share of Economists employed by various industries. N/A

Diversity

Demographic information on Economists in the US. The workforce of Economists in N/A was N/A people, with N/A% woman, and N/A% men. The average age of male Economists in the workforce is 44.7 and of female Economists is 42, and the most common race/ethnicity for Economists is White.

Gender and Age

The workforce of Economists in N/A was N/A people, with N/A% woman, and N/A% men.

The age ranges that concentrated the largest workforce were N/A years (N/A people), N/A years (N/A people), and N/A years (N/A people). Among them they concentrated N/A% of the total workforce.

Ethnicity

Gender

In N/A, N/A% of Economists workers were Hispanic and N/A% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting N/A

You can review this information by gender using the selectors above.

Races

In N/A, 67.4% of the Economists workforce were White, of which 33.3% were women and 66.7% men. Other races that concentrated a significant number of workers were Asian (15%) and Two or More Races (8.36%).

Education & Skills

Data on higher education choices for Economists from The Department of Education and Census Bureau. The most common major for Economists is N/A but the most specialized major according to RCA in 2022 were Social Sciences.

Among the necessary skills for Economists, Reading Comprehension stands, but the revealed comparative advantage (RCA) shows that Economists need more than the average amount of Management of Financial Resources.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Economists in N/A (counting all academic degrees) were N/A.

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Economists workers were Graduate Degree (25,197 people), Bachelors Degree (8,048 people), and false (0 people).

The graphic shows the Economists workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Economists from the Bureau of Labor Statistics. Economists need many skills, but most especially Reading Comprehension, Mathematics, Writing.

Projections

Projections on job growth for Economists from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 2.84%, but Economists are expected to see a growth of 6.25% over the same period. This occupation is expected to grow more than the national average.

Job Growth

6.25%

Estimated Job Growth

10-year Projection

2.84%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Economists. This profession is expected to grow more than than 2.84%, the average rate of national job growth.