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Economics Jobs and MBA Programs in New Jersey
For a economic analyst, New Jersey is a land of educational and employment opportunities. Figures show 21,960 jobs for economic analysts in New Jersey 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.
Economic analysts earn $62 per hour or $128,000 per year on average in New Jersey. Nationally, their income is $53 hourly or $110,000 per year on average.
With a population of 8,707,739, New Jersey, also called Garden State, has grown by 3.5 percent in the last 10 years. The state capital is Trenton. There were a total of 5,176,293 jobs in 2008 and people in New Jersey earned more than the previous year as the average annual income was $51,473, up from $50,364. Unemployment in New Jersey jumped by 3.7 percentage points to 9.2 percent in 2009. Roughly 29.8 percent of New Jersey residents have college degrees, which is higher than the national average.
The top employing fields in New Jersey include wholesale trade, durable goods merchant wholesalers, drugs' sundries merchant wholesalers and grocery products merchant wholesalers.
Having known landmarks is a staple for New Jersey. New Jersey has the tallest water tower in the world. While being known for many things, one of the most noteworthy, New Jersey is a major seaport state with the largest seaport in the U.S. located in Elizabeth.
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.