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Career and Education Opportunities for Economists in North Dakota

North Dakota has a population of 646,844, which has grown by 0.72% over the past 10 years. Nicknamed the "Flickertail State," its capital is Bismarck, though its biggest city is Fargo.

The national trend for economists sees this job pool growing by about 5.8% over the next eight years. Economists generally conduct research, prepare reports, or formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.

The average wage in the general category of Social Sciences jobs is $28 per hour or $57,682 per year in North Dakota, and an average of $33 per hour or $68,239 per year nationwide. Jobs in this field include: business economist, agricultural economist, and policy advisor.

In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 in 2007. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. Roughly 22.0% of North Dakota residents have college degrees, which is lower than the national average.

The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist destinations include the KAT Enterprises, the Gallery 4 Ltd, and the Children's Museum at Yunker Farm.

CITIES WITH Economist OPPORTUNITIES IN North Dakota


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 North Dakota include:

  • 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recorded in sources, such as government and institutional records, newspapers and other periodicals, photographs, and unpublished manuscripts, such as personal diaries and letters.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: North Dakota

North Dakota
North Dakota photo by Bobak Ha'Eri

North Dakota has a population of 646,844, which has grown by 0.72% over the past decade. Nicknamed the "Flickertail State," its capital is Bismarck, though its largest city is Fargo. In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 the preceding year. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. Approximately 22.0% of North Dakota residents have college degrees, which is lower than the national average.

The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist attractions include the Red River Valley Genealogical Society, the Gallery 4 Ltd, and the West Acres Regional Shopping Center.