Economics Jobs and MBA Programs in Arkansas

Arkansas is a good place to settle for economic analysts as there are many educational and career opportunities. Currently, there are 3,060 jobs for economic analysts in Arkansas and the job pool is projected to rise by seven percent over the next 10 years nationally. In general, 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.

Arkansas photo by Vsmith

In Arkansas, the income for economic analysts is $39 per hour or $80,000 per year. In the U.S. as a whole, their income is $53 hourly or $110,000 per year on average.

Arkansas, also known as the Natural State, has a population of 2,889,450. It has seen its population grow by 8.1 percent over the last 10 years. The capital is Little Rock. In 2008, there were a total of 1,599,446 jobs and at $32,257, the average annual income in Arkansas was higher than the previous year's per capita figure of $31,517. The unemployment rate in Arkansas was 7.3 percent in 2009. It rose by 2.1 percentage points from the previous year. Roughly 16.7 percent of state residents have college degrees. This falls short of the national average.

In Arkansas, the top employers are in poultry processing, plumbing equipment merchant wholesalers, commercial refrigeration equipment manufacturing and industrial refrigeration equipment manufacturing.

While being known for many things, one of the most noteworthy, North Little Rock offers one of the nation's largest municipal parks. One of the unique tidbits about Arkansas is In 1783 the Colbert Incident occurred at Arkansas Post. It was the only Revolutionary War skirmish in the state.

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.