Economics Jobs and MBA Programs in Michigan

Economic analysts can find prosperity in Michigan as the state has an abundance of educational and career opportunities. Currently, there are 11,190 jobs for economic analysts in Michigan 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.

Michigan photo by Jjegers

In Michigan, the income for economic analysts is $47 per hour or $98,000 per year. In the U.S. as a whole, their income is $53 hourly or $110,000 per year on average.

Michigan, also known as the Great Lakes State, has a population of 9,969,727. It's population has increased 0.3 percent over the last 10 years. The state capital is Lansing. In 2008, there were a total of 5,397,807 jobs and at $34,953, the average annual income in Michigan was higher than the previous year's per capita figure of $34,185. The unemployment rate in Michigan was 13.6 percent in 2009. It rose by 5.3 percentage points from the previous year. Roughly 21.8 percent of state residents have college degrees. This is under the national average.

The top employing fields in Michigan include transportation equipment manufacturing, motor vehicle manufacturing, motor vehicle parts manufacturing and motor vehicle supplies parts merchant wholesalers.

While being known for many things, one of the most noteworthy, Alpena is the home of the world's largest cement plant. One of the unique tidbits about Michigan is Michigan is the only place in the world with a floating post office. The J.W. Westcott II is the only boat in the world that delivers mail to ships while they are still underway. They have been operating for 125 years.

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.