Economics Jobs and MBA Programs in New York

People considering careers as economic analysts can find job and education opportunities in New York. For economic analysts, there are 56,020 jobs in New York 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.

New York photo by William Warby

In New York, the income for economic analysts is $69 per hour or $142,000 per year. In the U.S. as a whole, their income is $53 hourly or $110,000 per year on average.

New York, also known as the Empire State, is home to 19,541,453 people. It's population has increased 3.0 percent over the last 10 years. The state capital is Albany. In 2008, there were a total of 11,289,001 jobs and at $48,809, the average annual income in New York was higher than the previous year's per capita figure of $47,628. The unemployment rate in New York was 8.4 percent in 2009. It rose by 3.1 percentage points from the previous year. Roughly 27.4 percent of state residents have college degrees. This is under the national average.

The top employing fields in New York include securities contracts intermediation, investment banking dealing, notions merchant wholesalers and real estate.

While being known for many things, one of the most noteworthy, New York's largest lake in Oneida measures 79.8 square miles. One of the unique tidbits about New York is The Fashion Institute of Technology in Manhattan is the only school in the world offering a Bachelor of Science Degree with a Major in Cosmetics and Fragrance Marketing.

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.