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Economics Jobs and MBA Programs in Alabama
Those considering careers as economic analysts can find education and job opportunities in Alabama. Figures show 4,800 jobs for economic analysts in Alabama and according to national projections, the job pool will rise by seven percent over the next 10 years. Economic analysts conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.
Alabama photo by Melinda Shelton
The income for economic analysts is $45 per hour or $93,000 per year on average in Alabama. Nationally, their income is $53 hourly or $110,000 per year on average.
Home to 4,708,708 people, Alabama, known as Heart of Dixie, has grown by 5.9 percent in the last 10 years. The state capital is Montgomery. In 2008, the total number of jobs was 2,640,717 and the average annual income in Alabama was $33,655, which is up from $32,803 the previous year. In Alabama, the unemployment rate went up by 4.9 percentage points to 10.1 percent in 2009 from the previous year. The number of residents with a college degree is 19.0 percent, which is under the national average.
The top employing fields in Alabama include manufacturing magnetic media, asphalt shingle materials manufacturing, perishable prepared food manufacturing and ornamental metal work manufacturing.
One of the many things Alabama is known for, Alabama is the only state with all major natural resources needed to make iron and steel. It is also the largest supplier of cast-iron and steel pipe products.
Economics
Economic analysts conduct research, prepare reports and formulate plans to aid in solution of economic problems arising from production and distribution of goods and services.
While working, they recommend investments and investment timing. Also, they analyze financial information to forecast economic conditions.
They are required to manage and maintain budgets and other financial resources and evaluate and judge the efficacy of solutions.
Economic analysts must be able to evaluate problems as they arise. They should also have the ability to articulate ideas and problems.
In order to be successful in the workplace, economic analysts must have exceptional integrity and believe in cooperation and coordination.
