Labor Economist

Also called: Employment Economist

Studies jobs, wages, unions, and unemployment, and how policies like the minimum wage affect workers.

A day in the life

A labor economist at the Bureau of Labor Statistics or a university analyzes employment data, studies how AI affects jobs, and testifies on minimum wage proposals.

Pay over a career

Starting
$67k
Typical
$125k
High
$238k

Training

Doctorate (PhD), about 8 years after high school. Master's or PhD in economics.

Ways in: 4-year college, Graduate school. Training cost: $15k – $60k.

Majors to look at: Economics, Statistics.

Outlook

Growing faster than average (about 5% over 10 years). BLS 2025-35 projection band for SOC 19-3011: Faster than average (5% to 6%).

Will it last? Our AI estimate

Medium risk for 10 years. AI helps analyze jobs data; designing studies of wages and policy, and explaining them, stay human.

Start now, in high school

Classes: AP Macroeconomics, AP Statistics, AP Government.

Official data: O*NET occupation 19-3011.

More Economics careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.