Economics Jobs and MBA Programs in Massachusetts

Massachusetts is a good place to settle for economic analysts as there are many educational and career opportunities. For economic analysts, there are 19,310 jobs in Massachusetts and the national job pool is slated to 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.

Massachusetts photo by PapaDunes

Economic analysts earn $55 per hour or $113,000 per year on average in Massachusetts. Nationally, their income is $53 hourly or $110,000 per year on average.

Nicknamed the Bay State, Massachusetts has a population of 6,593,587, which has grown by 3.9 percent in the last 10 years. The state capital is Boston. There were a total of 4,251,139 jobs in 2008 and people in Massachusetts earned more than the previous year as the average annual income was $50,897, up from $49,644. The unemployment rate in Massachusetts was 8.4 percent in 2009, which has grown by 3.1 percentage points since the previous year. Roughly 33.2 percent of Massachusetts residents have college degrees, which is higher than the national average.

The top employing fields in Massachusetts include brokers, portfolio management, control instruments manufacturing and nautical system manufacturing.

One of the many things Massachusetts is known for, Massachusetts holds the two largest cites in New England, Boston, the largest, and Worcester. Massachusetts has many unique characteristics, but one fun fact in particular is The Boston University Bridge on Commonwealth Avenue in Boston is the only place in the world where a boat can sail under a train driving under a car driving under an airplane.

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.