Social economist salary

Salary and Work for an Economic Analyst

Working as an economic analyst involves analyzing and evaluating economic data to understand and predict economic trends. Economic analysts, also known as economists and macroeconomists, play a crucial role in providing decision support for both private and public organizations.

Salary for an Economic Analyst

The average salary for an economic analyst is 54 000 SEK per month. However, there is a certain wage gap between men and women in the profession. Men earn an average of 55 900 SEK while women earn 52 000 SEK. This means that women earn approximately 93% of what men do. Last year, the average salary was 47 800 SEK, showing a slight increase to the current 54 000 SEK.

Education and Requirements to Become an Economic Analyst

Generally, becoming an economic analyst requires a university education in economics, often with a focus on national economics. It is common to start with a bachelor's degree in economics and then further educate oneself with a master's degree. For those looking to specialize further, a doctoral degree may be relevant.

The job market for economic analysts can vary depending on the economic situation and region. According to the Swedish Public Employment Service, the basis for assessing the job prospects for the profession is limited, which means that no specific forecast can be given. However, economic analysts can generally find employment in both the private and public sectors, including government agencies, banks, and research institutions.

Tasks of an Economic Analyst

Economic analysts work on analyzing economic data and trends. This can involve studying everything from the labor market and inflation to international trade and economic policy. They may also be involved in developing economic models to predict future economic events and provide advice to decision-makers.

The tasks can be very diverse depending on where one works. In the public sector, for example, one may work on designing and evaluating economic policies, while in the private sector, one may work on market analysis and investment strategies.

Considerations for Becoming an Economic Analyst

If you are considering a career as an economic analyst, it is good to be analytically minded and have a keen interest in economic issues. Good knowledge of mathematics and statistics is also important, as well as the ability to communicate complex economic concepts in an understandable way.

It can also be advantageous to be flexible and have a broad knowledge base, as the tasks can vary significantly depending on the workplace and economic conditions. Staying updated on current economic trends and research is also important to make relevant and accurate analyses.

Potential Benefits

Benefits for economic analysts can vary depending on the employer. Common benefits in the profession may include paid further education, providing the opportunity to stay updated with the latest research and developments in the field. Other benefits may include flexible working hours and the possibility to work remotely.