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Career and Education Opportunities for Economists in Montana

Montana has a population of 974,989, which has grown by 8.07% over the past decade. Nicknamed the "Treasure State," its capital is Helena, though its most populous city is Billings.

The national trend for economists 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 $20 per hour or $42,500 per year on average in Montana. In the U.S. as a whole, their income is about $40 per hour or $83,590 annually on average. Compared with people working in the overall category of Social Sciences, people working as economists in Montana earn less. They earn more than people working in the overall category of Social Sciences nationally. Jobs in this field include: economic analysis director, project economist, and policy advisor.

In 2008, there were a total of 651,425 jobs in Montana. The average annual income was $34,622 in 2008, up from $33,927 the preceding year. The unemployment rate in Montana was 6.2% in 2009, which has grown by 1.6% since the previous year. About 24.4% of Montana residents have college degrees, which is higher than the national average.

The top industries in Montana include agencies, brokerages, and other insurance related activities, automotive parts, accessories, and tire stores, and third party administration of insurance funds/plans. Notable tourist destinations include the Yellowstone Art Museum, the Museum of Women's History, and the Western Heritage Center.

CITIES WITH Economist OPPORTUNITIES IN Montana


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 Montana 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: Montana

Montana
Montana photo by Qfl247

Montana has a population of 974,989, which has grown by 8.07% in the last 10 years. Nicknamed the "Treasure State," its capital is Helena, though its most populous city is Billings. In 2008, there were a total of 651,425 jobs in Montana. The average annual income was $34,622 in 2008, up from $33,927 the preceding year. The unemployment rate in Montana was 6.2% in 2009, which has grown by 1.6% since the previous year. Roughly 24.4% of Montana residents have college degrees, which is higher than the national average.

The top industries in Montana include agencies, brokerages, and other insurance related activities, automotive parts, accessories, and tire stores, and third party administration of insurance funds/plans. Notable tourist attractions include the Zoomontana, the Museum of Women's History, and the Moss Mansion Museum.