There are currently an estimated 21,300 economists in the United States. The economist job market is expected to grow by 6.1% between 2016 and 2026.
How employable are economists?
CareerExplorer rates economists with a D employability rating, meaning this career should provide weak employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 6,800 economists. That number is based on 1,300 additional economists, and the retirement of 5,500 existing economists.
What’s the supply of economists?
The economist industry is concentrated in District of Columbia, California, Virginia
Economist job market by state
| State Name | Employed Economists |
|---|---|
| District of Columbia | 7,680 |
| California | 1,470 |
| Virginia | 1,350 |
| New York | 700 |
| Texas | 670 |
| Maryland | 640 |
| Pennsylvania | 610 |
| Washington | 400 |
| Georgia | 400 |
| Minnesota | 360 |
| Illinois | 360 |
| Missouri | 290 |
| Michigan | 270 |
| Wisconsin | 270 |
| Oregon | 230 |
| Colorado | 220 |
| North Carolina | 220 |
| Florida | 180 |
| Connecticut | 160 |
| Hawaii | 150 |
| Ohio | 140 |
| South Carolina | 130 |
| New Jersey | 120 |
| Arizona | 100 |
| Arkansas | 90 |
| Montana | 90 |
| Vermont | 90 |
| Oklahoma | 80 |
| New Hampshire | 80 |
| Indiana | 80 |
| Utah | 70 |
| Kentucky | 70 |
| New Mexico | 70 |
| Puerto Rico | 70 |
| Tennessee | 70 |
| Alaska | 70 |
| Nevada | 60 |
| Louisiana | 40 |
| West Virginia | 40 |
| Idaho | 40 |
| Iowa | 40 |
| Delaware | 40 |
| Alabama | 40 |
| Mississippi | 30 |