Industries & Professions /
The employment of economists is expected to grow more slowly than average for all occupations through 2018, according to the U.S. Department of Labor. Most openings will occur as economists retire, transfer to other job fields, or leave the profession for other reasons. Economists employed by private industry—especially in management, scientific, and technical consulting services—will enjoy the best prospects. In the academic arena, economists with master's and doctoral degrees will face strong competition for desirable teaching jobs. The demand for secondary school economics teachers is expected to grow. Economics majors with only bachelor's degrees will experience the greatest employment difficulty, although their analytical skills can lead to positions in related fields such as management and sales. Those who meet state certification requirements may wish to become secondary school economics teachers, as demand for teachers in this specialty is expected to increase.
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