Economist

An Economist economists collect and analyse data on economic trends, build models, and publish research that informs policy or business strategy. Writing papers, running regressions, and presenting findings to diverse audiences fill a research-heavy schedule. They apply statistical methods and economic theory to understand and predict market behaviour, consumer choices, and the impact of government policies. Provides critical insights into economic conditions, market dynamics, and policy effectiveness, guiding decision-makers in government, businesses, and international organizations to foster growth and stability.

An Economist earns a median of $120,000 per year in the US, typically ranging from $80,000 to $180,000.

To become an Economist, master's or Ph.D. in Economics, econometrics, or a related quantitative field. Strong analytical and research skills are paramount.

Economist roles tend to suit people who are open and curious — drawn to variety, ideas and new approaches (Openness 85/100) and highly conscientious — precise, organised and strong on follow-through (Conscientiousness 80/100). The traits that matter most in the role are Curious, Methodical, Analytical and Composed. Possesses a strong desire to explore complex economic theories and data, always seeking deeper understanding. On interests, Economist maps to an ICE Holland Code profile — individuals who enjoy in-depth research, systematic analysis of data, and presenting findings to influence decisions often find satisfaction in this role.

An Economist role is usually a strong fit for these reasons. Strong Investigative and Conventional affinity: the role is centred on rigorous research and systematic data analysis. A significant portion of the week is dedicated to deep analytical work and model building. High stakeholder exposure allows for influencing policy and strategy with evidence-based insights.

Economist roles come with trade-offs worth weighing up. Requires advanced quantitative skills and continuous learning to stay current with economic theory and methods. Can involve long periods of independent research and data work, which might not suit those preferring constant team interaction.

Work as an Economist is mostly office-based with hybrid arrangements common, semi-structured — a mix of set processes and self-directed work, a moderate pace and high exposure to clients or stakeholders. Around 73% of the week is focused deep work.

Core skills for an Economist include Econometric modeling, Statistical analysis, Data visualization, Economic forecasting, Policy analysis and Research methodology.

Common entry routes into Economist roles include Junior Economist, Economic Analyst and Research Assistant.

From an Economist role, common next steps include Senior Economist and Chief Economist; lateral moves include Policy Advisor and Data Scientist.

The outlook for Economist roles is currently rated growing. Job growth is expected to be above average over the next five years.

Traitstack rates automation risk for Economist roles at 66 out of 100, which is strong. Economic data analysis and model building could be significantly enhanced by AI, enabling a deeper focus on interpreting complex trends and advising on strategic policy. AI is most likely to take on collecting and cleaning large economic datasets from various sources, running complex statistical regressions and simulations and drafting initial economic reports and forecasts based on models. Developing novel economic theories and modeling approaches, interpreting nuanced and ambiguous economic data in context and advising governments and businesses on strategic policy decisions stay with people. Focusing critical thinking on policy implications, with AI handling data processing. That score measures how much of the work could change, not the likelihood the job disappears. It is Traitstack's current view, revisited as AI capability moves.