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Career and Education Opportunities for Economists in Wisconsin

Wisconsin has a population of 5,654,774, which has grown by 5.43% over the past decade. Nicknamed the "Badger State," its capital is Madison, though its most populous city is Milwaukee.

There are currently 270 working economists in Wisconsin; this should grow by 8% to about 290 working economists in the state 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. 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.

Economists earn approximately $30 per hour or $64,420 annually on average in Wisconsin. Nationally they average about $40 hourly or $83,590 annually. Compared with people working in the overall category of Social Sciences, people working as economists in Wisconsin earn more. They earn more than people working in the overall category of Social Sciences nationally. Economists work in a variety of jobs, including: agricultural economist, economic analysis director, and research analyst.

In 2008, there were a total of 3,619,782 jobs in Wisconsin. The average annual income was $37,770 in 2008, up from $36,990 in 2007. The unemployment rate in Wisconsin was 8.5% in 2009, which has grown by 3.7% since the previous year. Approximately 22.4% of Wisconsin residents have college degrees, which is lower than the national average.

The top industries in Wisconsin include dairy product manufacturing, cheese manufacturing, and converted paper product manufacturing. Notable tourist destinations include the Milwaukee County Historical Society, the Charles Allis Art Museum, and the CAPT Frederick Pabst Mansion.

CITIES WITH Economist OPPORTUNITIES IN Wisconsin


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 Wisconsin 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.
  • Urban Planner. Develop comprehensive plans and programs for use of land and physical facilities of local jurisdictions, such as towns, cities, and metropolitan areas.

LOCATION INFORMATION: Wisconsin

Wisconsin
Wisconsin photo by KKNiteOwl

Wisconsin has a population of 5,654,774, which has grown by 5.43% in the last 10 years. Nicknamed the "Badger State," its capital is Madison, though its biggest city is Milwaukee. In 2008, there were a total of 3,619,782 jobs in Wisconsin. The average annual income was $37,770 in 2008, up from $36,990 the previous year. The unemployment rate in Wisconsin was 8.5% in 2009, which has grown by 3.7% since the previous year. Roughly 22.4% of Wisconsin residents have college degrees, which is lower than the national average.

The top industries in Wisconsin include dairy product manufacturing, cheese manufacturing, and converted paper product manufacturing. Notable tourist destinations include the Charles Allis Art Museum, the Eisner Museum of Advertising & Design, and the Betty Brinn Children's Museum.