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Careers›Roles›Economic Specialist
Mid-Level

Economic Specialist

Behind a lot of policy and business decisions sits economic analysis — and an economic specialist produces it, gathering data, building models, and explaining what the numbers actually mean. Turning data into a defensible answer.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
I
C
E
A
S
R
Investigativeanalytical, curious
Conventionalorganizing, detail-oriented
Based on Holland Code framework
Industries that often hire Economic Specialists
Wholesale & DistributionGovernment · 54%Professional Services · 25%Financial Services · 10%Consumer Services · 3%Education · 2%
Job markets for Economic Specialists
Where Economic Specialist jobs concentrate · ~56 metro areas
Based on employment in related occupations
Mapped SOC categories:
Science
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Economic Specialist

The day tends to mix cleaning data, analyzing trends, writing findings for people who'll act on them. You translate technical work into plain conclusions, and wrangling messy data eats the time. Findings have to survive scrutiny, so rigor matters.

The setting shapes everything: agency, bank, consultancy, or think tank each ask different questions. The hard part for many can be drawing clear answers from genuinely uncertain data, then defending them. Deadlines, political pressure or market cycles tend to set the tempo depending on where you sit.

Folks who do well here tend to be analytical, rigorous, and clear explainers. Trade-offs can include work that's invisible behind a decision and findings that politics can override. For someone who likes turning messy reality into a credible story — one people actually act on — the work can be quietly influential.

What people in this role value
Working ConditionsAbove avg
IndependenceAbove avg
AchievementAbove avg
RecognitionAbove avg
SupportLower
RelationshipsLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

Where this role sits in the broader career landscape — and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Professional Services$92K+15%
Technology & Information$91K+13%
Energy & Utilities$82K+2%
Financial Services$81K+2%
Wholesale & Distribution$79K-1%
Compared to Science average across all industries
1 BLS OEWS May 2024 covers all Economic Specialists (SOC 19-3011.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Science →
Economic SpecialistInternational Trade SpecialistResearch AnalystPolicy AdvisorPolicy OfficerEconomic DeveloperForecast AnalystResearch EconomistAgricultural EconomistEnvironmental EconomistEconomistEconometricianEconomic AdvisorForest EconomistHealth EconomistFinancial EconomistEconomic Research AnalystHealth Economics ConsultantHealthcare Economics AnalystEconomic Development SpecialistHealthcare Economics Consultant

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✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$62K–$213K
Salary Range
10th – 90th percentile
16K
U.S. Employment
+1.2%
10yr Growth
900
Annual Openings

How Economic Specialist pay & employment are changing

$77K$74K$71K$68K$65K201920202021202220232024$65K$77K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

MathematicsReading ComprehensionCritical ThinkingWritingSpeakingJudgment and Decision MakingActive ListeningComplex Problem SolvingActive LearningInstructing
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
19-3011.00

Explore related roles

Roles with similar work and overlapping career paths

midInternational Trade Specialist$90KmidResearch Analyst$100KseniorSenior Research Analyst$100KmidPolicy Advisor$112KmidPolicy Officer$112KmidEconomic Developer$100K
View all Science roles →

Common questions about what it's like to be an Economic Specialist

What does an Economic Specialist do?

Behind a lot of policy and business decisions sits economic analysis — and an economic specialist produces it, gathering data, building models, and explaining what the numbers actually mean. Turning data into a defensible answer.

How much does an Economic Specialist make?

Median pay for an Economic Specialist is about $115K nationally, with the field ranging roughly from $62K to $213K depending on experience, employer, and metro (BLS).

What skills does an Economic Specialist need?

Core skills for this role include Mathematics, Reading Comprehension, Critical Thinking, Writing, and Speaking.

What education do you need to be an Economic Specialist?

Most people in this role hold a master's degree.

Is an Economic Specialist in demand?

Employment in this field is projected to grow about 1.2% through 2034, with roughly 15,880 people working in it today (BLS).

What jobs are similar to an Economic Specialist?

Closely related roles include International Trade Specialist, Research Analyst, and Senior Research Analyst.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.

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