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Economic Consultant Jobs (NOW HIRING)

HDR

Economic Consultant 1

Dallas, TX · On-site

In the role of Economic Consultant I, we'll count on you to: * Develop an understanding of industry-leading best practices for economic modeling * Strengthen data visualization skills through ...

HDR

Economic Consultant 1

Dallas, TX · On-site

In the role of Economic Consultant I, we'll count on you to: * Develop an understanding of industry-leading best practices for economic modeling * Strengthen data visualization skills through ...

Leland

Economic Consulting Coach

$16.50 - $19.25/hr

... an economist, consultant, or industry professional), a strong track record of applying rigorous analysis to real-world business and policy questions, and a clear, structured approach to coaching ...

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How much do economic consultant jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for economic consultant in the United States is $41.55, according to ZipRecruiter salary data. Most workers in this role earn between $29.33 and $49.52 per hour, depending on experience, location, and employer.

What does an economic consultant do?

An Economic Consultant analyzes economic trends, market conditions, and financial data to help businesses, governments, and organizations make informed decisions. They provide insights on areas such as policy impact, pricing strategies, competition, and risk assessment. Economic Consultants often use statistical models, economic theories, and data analysis to solve complex problems and provide recommendations. They may work in industries like finance, healthcare, or government, offering expertise in regulatory matters, litigation support, and business strategy. Their goal is to help clients optimize performance and navigate economic challenges effectively.

What are the typical projects or industries economic consultants work with?

Economic Consultants commonly work on projects involving market analysis, regulatory impact assessment, antitrust litigation, and financial modeling, providing their expertise across a range of industries such as finance, healthcare, energy, and technology. They may assist law firms with economic analysis for legal cases, advise corporations on policy impacts, or conduct research for government agencies. The role involves collaborating closely with other consultants, data specialists, and client representatives, often managing multiple projects simultaneously. This diversity offers valuable exposure to different sectors and the chance to develop broad analytical skills.

What are the key skills and qualifications needed to thrive as an economic consultant?

To thrive as an Economic Consultant, you need strong analytical abilities, a background in economics or a related field, and experience with quantitative research methods. Proficiency in statistical software such as Stata, SAS, R, or Excel, and potentially certification in data analysis or econometrics, is highly valued. Excellent communication skills, attention to detail, and the ability to present complex findings to clients make candidates stand out. These skills enable consultants to deliver actionable insights, foster client trust, and effectively solve real-world economic problems.

Does economic consulting pay well?

Economic consulting is generally well-paid, with salaries often exceeding average professional wages, especially for those with advanced degrees and strong analytical skills. Compensation varies based on experience, location, and firm size, but it typically includes bonuses and benefits that enhance overall earnings.

How much do economic consultants earn?

Economic consultants typically earn a median annual salary of around $70,000 to $120,000, depending on experience, education, and location. Senior consultants or those with specialized skills can earn higher salaries, often exceeding $150,000. Many also receive bonuses and benefits based on performance and firm size.
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Economic Consultant jobs near you
Infographic showing various Economic Consultant job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, 5% Part Time, and 1% Contract. Highlights an 94% Physical, 1% Hybrid, and 5% Remote job distribution, with an average salary of $86,430 per year, or $41.6 per hour.

Economic Consultant

Chmura Economics & Analytics

Richmond, VA • On-site

$85K - $100K/yr

Full-time

Posted 22 days ago

Job description

The Economic Consultant is responsible for independently managing consulting engagements and delivering economic analysis that helps clients solve complex business and workforce challenges. This role conducts economic and labor market research, applies quantitative and econometric techniques, and develops data-driven recommendations that support client decision-making.
Working directly with clients, the Economic Consultant manages multiple projects simultaneously, presents research findings, and contributes to proposal development and thought leadership initiatives. This position requires strong analytical skills, sound professional judgment, and the ability to translate complex economic concepts into practical business insights
Essential Responsibilities
Consulting & Economic Analysis
  • Conduct independent research on local, regional, and national economic and labor market issues.
  • Collect, analyze, validate, and interpret quantitative data to support consulting engagements.
  • Apply forecasting techniques, econometric methods, and economic models to address client business and workforce challenges.
  • Develop data-driven recommendations based on research findings and economic analysis.
  • Prepare reports, presentations, and consulting deliverables for technical and executive audiences.
  • Translate complex analytical findings into clear, actionable business insights.
Project Management & Client Engagement
  • Independently manage multiple consulting engagements while balancing competing priorities and deadlines.
  • Coordinate project timelines, deliverables, and client expectations to ensure successful project completion.
  • Serve as a primary point of contact for clients throughout consulting engagements.
  • Present research findings and recommendations to clients and internal stakeholders.
  • Support proposal development and contribute to statements of work for prospective clients.
Continuous Improvement
  • Identify opportunities to improve consulting methodologies, analytical tools, and internal processes.
  • Contribute to knowledge sharing and consulting best practices across the organization.
  • Support research publications, webinars, and other thought leadership initiatives.
  • Continue developing expertise in emerging economic research methods, software, and consulting practices.

Requirements
Required
  • Master's degree in Economics or a related quantitative field.
  • 2-5 years of experience in applied economics, consulting, or a related analytical field.
  • Experience applying econometric techniques, forecasting methodologies, and economic models.
  • Experience managing consulting projects and client deliverables.
  • Advanced proficiency with Microsoft Excel and Microsoft Office Suite.
  • Excellent written, verbal, and presentation communication skills.
Preferred Skills
  • Economic and labor market analysis
  • Quantitative and statistical analysis
  • Economic modeling and forecasting
  • Client consulting and relationship management
  • Project management
  • Data visualization and presentation development
  • Proposal development
  • Technical writing
Core Competencies
Analytical Thinking
Independently evaluates complex data, applies advanced analytical methodologies, and develops sound economic analyses that support client decision-making.
Communication
Communicates technical concepts effectively to technical and non-technical audiences through reports, presentations, and client discussions.
Collaboration
Builds productive relationships across consulting teams and business functions while contributing to shared project goals and organizational success.
Customer Focus
Anticipates client needs and delivers thoughtful, data-driven solutions that create measurable value.
Accountability
Independently manages priorities, follows through on commitments, and consistently delivers high-quality work on time.
Continuous Improvement
Identifies opportunities to improve consulting methodologies, analytical tools, and internal processes while contributing to organizational knowledge sharing.
Professional Judgment
Exercises independent judgment when resolving standard and moderately complex consulting challenges and recognizes when collaboration or additional expertise is needed for highly complex issues.
Salary Description
$85,000 - $100,000

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