ECEconomist
EC
Career

Economist

By the numbers
Typical pay
$124,720 / yr
Education to start
Master's degree
Future demand
+1.2% by 2034
People in this job
18K
Figures shown for ·1 O*NET occupation
The work
A day, hour by hour
08:30
Data refresh

New jobs numbers dropped overnight. Clean them and check for odd values.

09:15
Sanity check

One region's wages look wrong. Typo in the source, or a real surprise?

10:00
Model work

Update the inflation model in Python. Rerun it and compare to last month.

11:30
Keep it simple

Extra variables barely help accuracy. Cut them so the model stays trustworthy.

13:00
Literature dive

Read two new studies on rent prices. Test their ideas against our data.

14:00
Forecast review

Pick a range for next quarter's growth. Say plainly how unsure it is.

15:00
Exec briefing

Explain findings in plain words. Hold firm when the answer isn't the hoped-for one.

16:15
Report writing

Draft the memo with charts, evidence, and caveats. Edit until it's clear.

Things you do
  • Build models that explain and predict inflation, jobs, and prices.
  • Dig into messy datasets with Python, R, or Stata to find patterns.
  • Forecast where interest rates, spending, or markets are headed next.
  • Advise leaders on whether a policy or business decision will pay off.
  • Write reports and research papers that lay out findings and evidence.
Decisions you’ll make
  • Is this pattern in the data real, or just noise?
  • Is this number wrong, or is it a surprising result?
  • Should I keep making my model more detailed, or keep it simple enough to trust?
  • How sure am I about this forecast, and how do I say so honestly?
  • Do I tell the executive what they want to hear, or what the evidence shows?
Education Pathways · how you get there
100 in 100 went the college route · 0 in 100 found another way in None, typically
Education mapped from O*NET:Economists · 97% related
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