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Career and Education Opportunities for Operations Research Analysts in New Jersey

New Jersey has a population of 8,707,739, which has grown by 3.49% over the past decade. Nicknamed the "Garden State," its capital is Trenton, though its biggest city is Newark.

About 1,900 people are currently employed as operations research analysts in New Jersey. By 2016, this is expected to grow by 8% to about 2,000 people employed. This is not quite as good as the nation as a whole, where employment opportunities for operations research analysts are expected to grow by about 22.0%. In general, operations research analysts formulate and apply mathematical modeling and other optimizing methods using a computer to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions.

Operations research analysts earn about $43 hourly or $89,870 per year on average in New Jersey and about $33 per hour or $69,000 yearly on average nationally. Compared with people working in the overall category of Statistics Analysis, people working as operations research analysts in New Jersey earn more. They earn less than people working in the overall category of Statistics Analysis nationally. Jobs in this field include: methods analyst, forms analyst, and operations analyst.

In 2008, there were a total of 5,176,293 jobs in New Jersey. The average annual income was $51,473 in 2008, up from $50,364 in 2007. The unemployment rate in New Jersey was 9.2% in 2009, which has grown by 3.7% since the previous year. Roughly 29.8% of New Jersey residents have college degrees, which is higher than the national average.

The top industries in New Jersey include wholesale trade, durable goods merchant wholesalers, and drugs' sundries merchant wholesalers. Notable tourist attractions include the A P Personal Limo, the New Jersey Historical Society, and the Smithsonian Institution.

CITIES WITH Operations Research Analyst OPPORTUNITIES IN New Jersey


JOB DESCRIPTION: Operations Research Analyst

Operations Research Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

In general, operations research analysts formulate and apply mathematical modeling and other optimizing methods using a computer to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. They also may develop related software, service, or products.

Every day, operations research analysts are expected to be able to decide how to think about problems involving math. They need to deal with basic arithmetic problems.

Similar jobs with educational opportunities in New Jersey include:

  • Actuary. Analyze statistical data, such as mortality, accident, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
  • Computer Programmer. Convert project specifications and statements of problems and procedures to detailed logical flow charts for coding into computer language. Develop and write computer programs to store, locate, and retrieve specific documents, data, and information. May program web sites.

LOCATION INFORMATION: New Jersey

New Jersey
New Jersey photo by Derek Jensen

New Jersey has a population of 8,707,739, which has grown by 3.49% in the last 10 years. Nicknamed the "Garden State," its capital is Trenton, though its most populous city is Newark. In 2008, there were a total of 5,176,293 jobs in New Jersey. The average annual income was $51,473 in 2008, up from $50,364 the previous year. The unemployment rate in New Jersey was 9.2% in 2009, which has grown by 3.7% since the previous year. Roughly 29.8% of New Jersey residents have college degrees, which is higher than the national average.

The top industries in New Jersey include wholesale trade, durable goods merchant wholesalers, and drugs' sundries merchant wholesalers. Notable tourist attractions include the Morris Museum, the New Jersey Historical Society, and the A P Personal Limo.