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Economic Advisor Jobs (NOW HIRING)

Corner Alliance

Senior Economic Advisor

Washington, DC · On-site

$96K - $122K/yr

Strong proficiency in quantitative modeling and econometrics. * Experience supporting or advising federal agencies, industry, or think tanks on broadband or spectrum issues. * Excellent communication ...

Corner Alliance

Senior Economic Advisor

Washington, DC · On-site

$103K - $131K/yr

Strong proficiency in quantitative modeling and econometrics. * Experience supporting or advising federal agencies, industry, or think tanks on broadband or spectrum issues. * Excellent communication ...

Navan

Economist

San Francisco, CA · On-site

Serve as a key economic advisor to leadership and strategy teams, translating your macro findings into concise, high-level briefings on risks, opportunities, and the business's competitive ...

RMA Associates LLC

Senior Economist

Arlington, VA · On-site

$106K - $134K/yr

... an economic advisor for the Department of the Interior's Office of Insular Affairs (OIA). The role involves providing professional expertise to support and enhance existing capabilities for ...

Navan

Economist

San Francisco, CA · On-site

$161K - $265K/yr

Serve as a key economic advisor to leadership and strategy teams, translating your macro findings into concise, high-level briefings on risks, opportunities, and the business's competitive ...

Association for Public Policy Analysis and Management fall conference.

$100K - $101K/yr

Community and Economic Development (CED) Advisor / Sr. CED Advisor As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S. economy ...

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Economic Advisor information

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How much do economic advisor jobs pay per hour?

As of Sep 14, 2026, the average hourly pay for economic advisor in the United States is $25.93, according to ZipRecruiter salary data. Most workers in this role earn between $18.51 and $29.81 per hour, depending on experience, location, and employer.

What are some common challenges economic advisors face when providing policy recommendations to government or organizational leaders?

Economic Advisors often encounter challenges such as synthesizing complex data into actionable insights, balancing conflicting stakeholder interests, and addressing rapidly changing economic conditions. They must communicate technical concepts clearly to non-experts and ensure that recommendations are both evidence-based and practical within existing political or organizational constraints. Adapting to evolving regulatory environments and managing the uncertainty of economic forecasts are also key aspects of the role.

What are the key skills and qualifications needed to thrive as an economic advisor, and why are they important?

To thrive as an Economic Advisor, you need a strong background in economics, data analysis, and policy evaluation, often supported by an advanced degree in economics or a related field. Proficiency in statistical software like Stata, R, or SAS and familiarity with economic modeling tools are typically required. Excellent communication, critical thinking, and the ability to present complex information clearly are standout soft skills in this role. These skills are crucial for providing accurate, actionable advice to inform decision-making and shape effective economic policies.

What is the difference between Economic Advisor vs Economic Analyst?

AspectEconomic AdvisorEconomic Analyst
Required CredentialsTypically a master's or Ph.D. in economics, finance, or related fieldsBachelor's or master's degree in economics, finance, or related areas
Work EnvironmentAdvises policymakers, government agencies, or organizations on economic strategiesAnalyzes economic data, prepares reports, and forecasts trends for businesses or agencies
Employer & Industry UsageGovernment, international organizations, consulting firms

In summary, an Economic Advisor provides strategic guidance to policymakers or organizations, often requiring advanced degrees and experience. An Economic Analyst focuses on data analysis, reporting, and forecasting, usually with a bachelor's or master's degree. Both roles are essential in economic decision-making but differ in scope and responsibilities.

Are economic advisors in high demand?

Economic advisors are in steady demand across government agencies, financial institutions, and consulting firms due to their expertise in analyzing economic trends and advising on policy or investment decisions. Employment growth for related roles is expected to be average, with strong opportunities for those with advanced degrees and analytical skills in data analysis and economic modeling.

How do you become an economic advisor?

To become an economic advisor, individuals typically need a bachelor's degree in economics, finance, or a related field, followed by a master's or doctoral degree for advanced roles. Gaining experience through internships, developing strong analytical and communication skills, and often obtaining professional certifications like the CFA can enhance prospects in this field.

What do economic advisors do?

Economic advisors analyze economic data, trends, and policies to provide strategic recommendations to government agencies, businesses, or organizations. They use tools like economic models and forecasting techniques to inform decision-making and develop policies that promote economic stability and growth.
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Economic Advisor jobs near you
Infographic showing various Economic Advisor job openings in the United States as of September 2026, with employment types broken down into 93% Full Time, 6% Part Time, and 1% Contract. Highlights an 68% Physical, 3% Hybrid, and 29% Remote job distribution, with an average salary of $53,941 per year, or $25.9 per hour.

Economist/Senior Economist/Economic Advisor - Macroeconomics

Chicago, IL • On-site

Federal Reserve System
Banking and Credit Intermediation • 1 - 5K employees
Learn more about Federal Reserve Systemexternal

$220K - $400K/yr

Full-time

Posted 26 days ago

Job description

Company
Federal Reserve Bank of Chicago
Economist/Senior Economist/Economic Advisor - Macroeconomics
E1: General Aggregative Models
E2: Consumption, Saving, Production, Investment, Labor Markets
E3: Prices, Business Fluctuations, and Cycles
E4: Money and Interest Rates
E5: Monetary Policy, Central Banking, and the Supply of Money and Credit
E6: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and
General Outlook
The Economic Research Department of the Federal Reserve Bank of Chicago invites applications for an Economist, Senior Economist or Economic Advisor position on the Macroeconomics team.
The Bank will consider applications from seasoned candidates with a strong publication record in economics and finance journals and at least 3 years of experience in an academic or similar research setting.
Successful candidates will be expected to conduct independent research that is published in leading academic journals, provide in-depth analysis for Bank policy briefings, and contribute to the mission of the Bank. Excellent communication skills are required.
The research staff at the Federal Reserve Bank of Chicago is a collegial group of economists with expertise in a variety of fields. The Chicago Fed provides an excellent research environment together with substantial support for research and competitive benefits. Salaries are commensurate with experience and level of achievement.
The Federal Reserve Banks are committed to equal employment opportunities for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
More information on the Economic Research Department is at:
http://www.chicagofed.org/webpages/research/index.cfm
Applicants should submit:
1-Cover letter
2-CV
3-Contact information for three references
Important Note: When asked to upload your resume on the Workday Portal, you must upload all supplementary application documents. There will not be an additional prompt to upload documents 1,2, & 3. You must upload them on the same page where you upload your resume. Failure to do so will postpone the review of your application.
What we offer:
  • The expected starting salary range for the Economist position is between $165,000 and $290,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
  • The expected starting salary range for the Senior Economist position is between $210,000 and $320,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
  • The expected starting salary range for the Senior Economist & Economic Advisor position is between $220,000 and $400,000 annually in addition to annual performance-based discretionary bonuses. Final salary and offer will be determined based on the applicant's relevant experience, skills, internal equity, and alignment with geographic and other market data.
  • The Chicago Fed offers benefits to support overall health and financial security. Learn more about our benefits here: https://www.chicagofed.org/careers/thebenefits
  • A continuous learning environment with opportunities to gain new skills and grow your career.

Additional Requirements:
  • This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
  • This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. Citizen and pursue a path to citizenship.
  • As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Economics/Research Family Group
Work Shift
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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