Economists study pertinent issues and analyze data that impact the world, such as employment levels, currency values, inflation, recession/depression cycles and taxation rates. According to the U.S. Bureau of Labor Statistics, the employment of economists will grow six percent by 2018. The data show that having a master’s degree with a specialty in a particular aspect of economics, like labor or public finance, greatly improves job prospects.
Careers in Economics Found in New Jersey
- Financial Analyst
- International Economic Consultant
- Environmental Policy Consultant
- Market Analyst
- Public Policy Analyst
- Consumer Behavior Analyst
- Economic Model Builder
- Budget Analyst
- Teacher
Salaries for Economists in New Jersey
Annual mean salaries statewide:
- Financial Manager – $141,830
- Market Research Analyst – $72,720
- Budget Analyst – $75,420
- Credit Analyst – $73,510
- Financial Analyst – $84,980
- Economics Teacher (postsecondary) – $116,860
Annual mean salaries in specific New Jersey cities:
Employers of Economists in New Jersey
Most economist careers in New Jersey are within finance, government, multi-national corporations, non-profit organizations, think tanks, business organizations or institutions of higher education. It is noted that some economics careers require licensing, such as the securities industry, which licenses employees through the Financial Industry Regulatory Authority (FINRA).
Some key employers of economists in New Jersey include:
- Dun & Bradstreet
- Capital Markets
- Environmental Defense Fund
- Department of Labor
- Morgan Stanley
- SAE Associates
- Thomson Reuters
- Roubini Global Economies