Economists
O*NET 19-3011.00 · SOC 19-3011
Economist is a solid career choice. Median pay is $125k a year with +4.7% projected growth through 2035 (about as fast as average) and about 1,100 openings a year. AI exposure: Moderate.
Bureau of Labor Statistics projections 2025–2035 · Data updated 2026-07-27
What You'd Actually Do
- →Build econometric models to forecast inflation or unemployment trends.
- →Analyze market data to assess the impact of policy changes.
- →Write economic reports summarizing findings for government or business clients.
- →Review published research to stay current on economic conditions.
- →Present economic analysis and recommendations to stakeholders or executives.
Education & How to Get In
Economist roles typically require a master's degree, doctorate, or professional degree. This is a long-term investment, expect 6–10 years of post-secondary education, but the depth of expertise commands strong compensation and career stability.
Get Started Learning
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Work Environment
Analytical, research labs, offices, or remote
Independent, focused deep work with periodic team check-ins
A Day in the Life
While every role varies by employer and specialization, a typical day as an Economist involves a mix of core responsibilities:
Personality Fit (RIASEC)
Who Thrives as Economist?
Based on the interests and work style this role actually demands, these personality types tend to fit it best. Salary and growth tell you if a career is worth entering; personality fit tells you whether you'll still want it in five years.
Not sure which you are? Take the 7-minute quiz →
See Open Economist Roles
Browse live openings to get a feel for requirements and pay in your area.
Similar Careers
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Job Outlook
Employment of Economists is projected to grow 4.7% from 2025 to 2035, about as fast as average for all occupations.
Will AI Replace This Job?
- ·38% creative/strategic tasks, AI augments, doesn't replace
Scored from the mix of routine, creative, physical and social tasks the role involves, adjusted for sector and projected growth. An estimate, not a forecast.
Common Questions
How much does an Economist make?
The median Economist earns $125k a year, according to the Bureau of Labor Statistics' May 2025 wage data. Half earn more than that and half earn less, and pay varies considerably by state, industry and experience.
Will AI replace Economist jobs?
Our model puts Economist at 37 out of 100 for automation exposure, which is moderate, likely AI-complementary. The main drivers: 38% creative/strategic tasks, AI augments, doesn't replace.
Is Economist a growing field?
Employment is projected to grow 4.7% between 2025 and 2035, which is about as fast as average. That works out to roughly 1,100 openings a year, counting both new positions and people leaving the occupation.
What degree do you need to be an Economist?
Economist roles generally require a master's, doctorate or professional degree, so plan for graduate study rather than a bachelor's alone.
How long does it take to become an Economist?
Typically six to ten years, typically a master's, doctorate or professional degree. O*NET classes this role as Job Zone 5 of 5, which describes how much preparation people in it usually have.
Is an Economist career right for you?
Your personality, values, and strengths matter as much as the job market. Take the quiz to see your personalized Future-Fit Score for this career and hundreds more.
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