There are currently an estimated 17,600 economists in the United States. The economist job market is expected to grow by 6.2% between 2022 and 2032.
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 5,500 economists. That number is based on 1,100 additional economists, and the retirement of 4,400 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 |
| North Carolina | 220 |
| Colorado | 220 |
| Florida | 180 |
| Connecticut | 160 |
| Hawaii | 150 |
| Ohio | 140 |
| South Carolina | 130 |
| New Jersey | 120 |
| Arizona | 100 |
| Vermont | 90 |
| Arkansas | 90 |
| Montana | 90 |
| Oklahoma | 80 |
| New Hampshire | 80 |
| Indiana | 80 |
| Puerto Rico | 70 |
| Kentucky | 70 |
| Tennessee | 70 |
| Utah | 70 |
| Alaska | 70 |
| New Mexico | 70 |
| Nevada | 60 |
| West Virginia | 40 |
| Alabama | 40 |
| Louisiana | 40 |
| Idaho | 40 |
| Iowa | 40 |
| Delaware | 40 |
| Mississippi | 30 |