DETAILED OCCUPATION DATA

19-3011 Economists

Occupational Description:
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).

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020
 Percentiles
GeographyEmploymentEmp SE*MeanMean SE*10th25thMedian75th90th
Southwest Minnesota N/A3N/A$1.76/hrN/AN/AN/AN/AN/A
Minnesota 16010$48.84/hr$0.98/hr$31.27/hr$38.58/hr$47.64/hr$58.88/hr$70.80/hr
U S 19,000817$56.65/hr$0.79/hr$28.88/hr$38.28/hr$51.01/hr$69.77/hr$89.87/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.


Other Regional Data For Economists
Geography (click title for details)OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Seven County Mpls-St Paul, MN 130 $50.15/hr 3.8%
Southwest Minnesota N/A N/A 10.0%
Northeast Minnesota N/A N/A 11.1%
Southeast Minnesota N/A N/A N/A
Central Minnesota N/A N/A 8.3%
Northwest Minnesota N/A N/A 8.3%
Related Occupations
Occupation
(click title for details)
OESProjections
EmploymentMedian Wage% Change 2022 - 2032
Accountants and Auditors970$29.79/hr4.4%
Credit Analysts130$29.47/hr-3.5%
Purchasing Managers90$48.73/hr4.0%
Financial Examiners60$41.80/hr23.3%
Budget Analysts10$31.01/hrN/A
Farm and Home Management Advisors10$26.27/hrN/A
Operations Research AnalystsN/AN/A-5.6%
Tasks for Economists