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.
According to the US Department of Labor, there are 16,900 people employed as economists in the United States. The median annual salary is $105,630. Entry level employees earn approximately $62,460 per year and senior employees earn approximately $193,690 per year.
Estimates do not include other potential benefits such as health insurance, overtime pay, or retirement benefits that may be offered by employers.