Iowa Careers in Economics

The Iowa Workforce Development agency reports good news for job seekers. The state added non-farm jobs in 2011 for the first time since 2008 and the governor is committed to adding 200,000 new jobs in the next five years. The 2011 unemployment rate was 5.9%, which was the sixth lowest in the nation and a decrease from 2010’s high of 6.3%.

Economics Jobs in Iowa’s Manufacturing, Retail and Financial Industries

Large manufacturing companies, retailers, and financial services businesses are based in Iowa and hire economists and economic analysts. Professionals who work for these companies are charged with analyzing data and the market to provide executives with the necessary statistics to make smart, informed investment decisions. These employers include:

  • Casey’s General Stores, Ankeny
  • Principal Financials, Des Moines
  • Rockwell Collins, Cedar Rapids

There are also a number of local, state, and federal agencies operating in the state that require the skills of economists and analysts. Pursuing a career in economics within the public sector provides job security, stability, and the benefits of a government position including potential pension plans. Some of these employers include:

  • Iowa Business and Regulatory Assistance Network
  • Iowa College Student Aid Commission
  • Iowa Division of Community Action Agencies
  • Iowa Economic Development Authority
  • Iowa Finance Authority

Joining a professional association allows for exposure to new research and findings, all while working to improve Iowa’s economy. Consider one of these organizations:

  • Iowa Business Growth Company
  • Ames Economic Development Commission
  • Carlisle Betterment Group

 

Economics Salaries in Iowa

According to the Bureau of Labor Services, economists in Iowa earned an average salary of $58,710 or $28.23 per hour in 2010. There were 80 economists working in the state during that year. There were .057 jobs for economist per 1,000 jobs in the state. Overall, the field of economics is slated to grow at a slower rate than other jobs but an advanced degree can help candidates gain an edge.

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