2 answers
Akanksha
Student
East Windsor, New Jersey
1
Question
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What is the situation for hiring economists with Masters?
Professional level help.
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2 answers
Karin P.
Lecturer, Academic Advisor, Career Coach
1085
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Göttingen, Lower Saxony, Germany
Updated
Karin’s Answer
Hi Akanksha,
A masters degree is the minimum qualification for most positions in economics, some are available at bachelor level, others require a PhD.
Projections of job growth for economists vary widely probably reflecting the volatile political and economic climate. The current occupational outlook from the Bureau of Labor Statistics predicts 1% job growth (2024-2034), i.e. below average. About 900 new job opening per year are projected. This seems to be a recent downturn since earlier projections were much higher.
Nobody can tell you what the employment situation will be for YOU though. You can use LinkedIn or Indeed to search for job opportunities in your state or any state you would be willing to work in to get a feeling for demand and what qualifications and skills are desirable for employers. But at the end of the day, you need to apply to see what the job market looks like for YOU.
I hope this helps! All the best to you!
KP
https://www.bls.gov/ooh/life-physical-and-social-science/economists.htm
https://www.indeed.com/career-advice/finding-a-job/what-does-an-economist-do
A masters degree is the minimum qualification for most positions in economics, some are available at bachelor level, others require a PhD.
Projections of job growth for economists vary widely probably reflecting the volatile political and economic climate. The current occupational outlook from the Bureau of Labor Statistics predicts 1% job growth (2024-2034), i.e. below average. About 900 new job opening per year are projected. This seems to be a recent downturn since earlier projections were much higher.
Nobody can tell you what the employment situation will be for YOU though. You can use LinkedIn or Indeed to search for job opportunities in your state or any state you would be willing to work in to get a feeling for demand and what qualifications and skills are desirable for employers. But at the end of the day, you need to apply to see what the job market looks like for YOU.
I hope this helps! All the best to you!
KP
Karin recommends the following next steps:
Priscilla Stadnick
5
Answers
Updated
Priscilla’s Answer
Hi Akanksha,
Finding a job depends a lot on your local job market and how much experience you have. It's important to show both your academic skills and any relevant experience, like internships. Networking is key, so try to meet other professionals in your field by going to events or joining online discussions. LinkedIn is also a great place to connect and ask for advice. Having a mentor can be really helpful too. Look for someone whose career path you admire so you can learn from their experiences. Keep learning by taking courses, reading, and staying updated on current events. This will help you become well-rounded.
Finding a job depends a lot on your local job market and how much experience you have. It's important to show both your academic skills and any relevant experience, like internships. Networking is key, so try to meet other professionals in your field by going to events or joining online discussions. LinkedIn is also a great place to connect and ask for advice. Having a mentor can be really helpful too. Look for someone whose career path you admire so you can learn from their experiences. Keep learning by taking courses, reading, and staying updated on current events. This will help you become well-rounded.