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Occupational Employment Statistics


DETAILED OCCUPATION DATA

19-3011 Economists



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. Excludes “Market Research Analysts and Marketing Specialists" (13-1161).

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Seven County Mpls-St Paul, MN 14021$58.48/hr$39.63/hr$43.80/hr$53.78/hr$64.37/hr$80.84/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
ManufacturingN/AN/A
Trade, Transportation and Utilities10$58.68/hr
Financial Activities80$61.40/hr
Professional and Business Services30N/A
Education and Health ServicesN/AN/A
Other Services20$56.40/hr
Public Administration70$50.31/hr
 
Geography Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Central Minnesota N/AN/AN/A
Northeast Minnesota N/AN/AN/A
Northwest Minnesota N/AN/A18.2%
Southeast Minnesota N/AN/AN/A
Fargo ND-MN MSA N/AN/AN/A
Mankato-North Mankato MN MSA N/AN/AN/A
Rochester MN MSA N/AN/AN/A
St Cloud MN MSA N/AN/AN/A
Northwest Balance of State N/AN/AN/A
Northeast Balance of State N/AN/AN/A
Southwest Balance of State N/AN/AN/A
Southeast Balance of State N/AN/AN/A
Southwest Minnesota 10$40.91/hrN/A
Duluth MN-WI MSA 10$48.60/hrN/A
Seven County Mpls-St Paul, MN 140$53.78/hr3.3%
Minneapolis-St Paul-Bloomington MN-WI MSA 150$55.12/hrN/A
Minnesota 210$50.83/hr3.8%


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Economics Teachers, Postsecondary 310$105,666.90/yr2.2%
Financial Specialists, All Other 1,780$37.77/hrN/A
Survey Researchers N/A$31.51/hrN/A
Actuaries 560$55.99/hrN/A
Financial Examiners N/A$41.17/hrN/A
Financial Managers 14,300$64.41/hr15.5%
Credit Analysts 1,750$39.24/hr-5.3%
Statistical Assistants 50$31.17/hr2.6%
Statisticians 860$40.24/hr33.4%
Accountants and Auditors 27,490$38.67/hr4.4%


  • Teach theories, principles, and methods of economics.
  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
  • Conduct research on economic and environmental topics, such as alternative fuel use, public and private land use, soil conservation, air and water pollution control, and endangered species protection.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  • Teach courses in environmental economics.
  • Conduct research on economic issues and disseminate research findings through technical reports or scientific articles in journals.
  • Collect and analyze data to compare the environmental implications of economic policy or practice alternatives.
  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  • Supervise research projects and students' study projects.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.