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Career and Education Opportunities for Economists in Arkansas

Arkansas has a population of 2,889,450, which has grown by 8.08% over the past 10 years. Nicknamed the "Natural State," Arkansas's capital and biggest city is Little Rock.

There are currently 220 jobs for economists in Arkansas and this is projected to grow by 28% to 280 jobs by 2016. This is better than the national trend for economists, which sees this job pool growing by about 5.8% over the next eight years. In general, economists conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

The income of an economist is about $19 hourly or $39,740 per year on average in Arkansas. In the U.S. as a whole, their income is about $40 per hour or $83,590 per year on average. Economists earn less than people working in the category of Social Sciences generally in Arkansas and more than people in the Social Sciences category nationally. People working as economists can fill a number of jobs, such as: economic developer, health researcher, and price economist.

In 2008, there were a total of 1,599,446 jobs in Arkansas. The average annual income was $32,257 in 2008, up from $31,517 in 2007. The unemployment rate in Arkansas was 7.3% in 2009, which has grown by 2.1% since the previous year. Approximately 16.7% of Arkansas residents have college degrees, which is lower than the national average.

The top industries in Arkansas include poultry processing, hardware, and plumbing equipment merchant wholesalers, and ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing. Notable tourist attractions include the Emoba, the Macarthur Museum of Arkansas Military History, and the Central High Museum & Visitor Center.

CITIES WITH Economist OPPORTUNITIES IN Arkansas


JOB DESCRIPTION: Economist

Economist video from the State of New Jersey Dept. of Labor and Workforce Development

In general, economists conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services. They also may collect and process economic and statistical data using econometric and sampling techniques.

Every day, economists are expected to be able to write clearly and communicate well. They need to articulate ideas and problems. It is also important that they listen to and understand others in meetings.

Similar jobs with educational opportunities in Arkansas include:

  • Geographic Information Systems Analyst. Study nature and use of areas of earth's surface, relating and interpreting interactions of physical and cultural phenomena. Conduct research on physical aspects of a region, including land forms, climates, soils, plants and animals, and conduct research on the spatial implications of human activities within a given area, including social characteristics, economic activities, and political organization, as well as researching interdependence between regions at scales ranging from local to global.
  • Historian. Research, analyze, and interpret the past as recorded in sources, such as government and institutional records, newspapers and other periodicals, photographs, and unpublished manuscripts, such as personal diaries and letters.
  • Industrial Psychologist. Apply principles of psychology to personnel, administration, and marketing problems. Activities may include policy planning; employee screening, training and development; and organizational development and analysis. May work with management to reorganize the work setting to improve worker productivity.
  • Market Research Analyst. Research market conditions in local, regional, or national areas to determine potential sales of a product or service. May gather information on competitors, prices, and methods of marketing and distribution. May use survey results to create a marketing campaign based on regional preferences and buying habits.
  • Market Survey Representative. Design or conduct surveys. May supervise interviewers who conduct the survey in person or over the telephone. May present survey results to client.
  • School Psychologist. Investigate processes of learning and teaching and develop psychological principles and techniques applicable to educational problems.

LOCATION INFORMATION: Arkansas

Arkansas
Arkansas photo by Vsmith

Arkansas has a population of 2,889,450, which has grown by 8.08% over the past decade. Nicknamed the "Natural State," Arkansas's capital and biggest city is Little Rock. In 2008, there were a total of 1,599,446 jobs in Arkansas. The average annual income was $32,257 in 2008, up from $31,517 the previous year. The unemployment rate in Arkansas was 7.3% in 2009, which has grown by 2.1% since the previous year. Approximately 16.7% of Arkansas residents have college degrees, which is lower than the national average.

The top industries in Arkansas include poultry processing, hardware, and plumbing equipment merchant wholesalers, and ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing. Notable tourist destinations include the Museum of Discovery, the Macarthur Museum of Arkansas Military History, and the Quapaw Quarter Association.