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Economic Consulting Jobs in Virginia (NOW HIRING)

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

It is not required for you to be deeply familiar with the economic consulting industry now - that is what our Summer Analyst Program is for. The Summer Analyst Program consists of different key ...

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Economic Consulting information

See Virginia salary details

$32.7K

$106.7K

$148.2K

How much do economic consulting jobs pay per year?

As of Aug 12, 2026, the average yearly pay for economic consulting in Virginia is $106,671.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,200.00 and $115,500.00 per year, depending on experience, location, and employer.

What are the common challenges faced by professionals in economic consulting and how can they be managed?

Professionals in economic consulting often tackle complex data analysis and must communicate technical findings to clients who may not have an economics background. Tight deadlines and shifting client priorities can create a fast-paced environment, requiring strong project management and adaptability. Collaborating with multidisciplinary teams, including legal experts and industry specialists, is essential for delivering comprehensive solutions. Building strong analytical, communication, and teamwork skills helps manage these challenges effectively and contributes to career growth.

How do you get into economic consulting?

To enter economic consulting, candidates typically need a strong educational background in economics, finance, or related fields, often with a master's or Ph.D. degree. Gaining relevant skills such as data analysis, economic modeling, and proficiency in tools like Excel or Stata is important, along with internships or entry-level positions to build experience in consulting or economic research.

What is economic consulting?

Economic consulting is a field where professionals use economic theories, data analysis, and quantitative methods to help organizations solve complex business and legal problems. Economic consultants often provide expertise in areas such as litigation support, regulatory compliance, market analysis, and policy evaluation. They work with law firms, corporations, and government agencies to analyze financial data, model economic outcomes, and present findings in reports or as expert witnesses in court. This work helps clients make informed decisions in matters like mergers, antitrust cases, and damages assessment.

What do economic consultants do?

Economic consultants analyze economic data and trends to provide expert advice for legal, regulatory, or business decisions. They conduct research, create reports, and use tools like statistical software to evaluate economic impacts and support clients in litigation, policy development, or strategic planning.

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

To thrive as an Economic Consultant, you need strong analytical skills, a solid background in economics or finance, and typically a relevant degree such as economics, mathematics, or statistics. Familiarity with statistical software (like Stata, R, or SAS), Excel, and sometimes industry certifications are essential for data analysis and modeling. Exceptional communication, critical thinking, and the ability to present complex findings clearly to clients set top performers apart. These skills are crucial for delivering accurate insights, providing strategic recommendations, and supporting clients' decision-making processes.

What is the difference between Economic Consulting vs Economic Analyst?

AspectEconomic ConsultingEconomic Analyst
Required CredentialsTypically requires a master's or Ph.D. in economics or related fieldOften requires a bachelor's or master's degree in economics or related discipline
Work EnvironmentConsulting firms, law firms, or corporate advisory teamsCorporations, government agencies, or research institutions
Employer & Industry UsageUsed in legal cases, regulatory matters, and policy analysisUsed for data analysis, economic modeling, and reporting

Economic Consulting and Economic Analysts both work with economic data, but Economic Consulting typically involves advising clients on legal or regulatory issues, requiring advanced degrees and working in consulting firms. Economic Analysts often focus on data analysis within organizations, with a broader range of educational backgrounds.

Is economic consulting a good career?

Economic consulting is a professional field that involves applying economic analysis to legal, regulatory, and business issues, often requiring strong analytical and quantitative skills. It offers opportunities in law firms, government agencies, and private firms, with a typical work environment that includes research, data analysis, and report writing. The career can be rewarding for those interested in economics, policy, and problem-solving, with advancement often linked to experience and expertise in economic modeling and litigation support.
What are the most commonly searched types of Economic Consulting jobs in Virginia? The most popular types of Economic Consulting jobs in Virginia are:
What cities in Virginia are hiring for Economic Consulting jobs? Cities in Virginia with the most Economic Consulting job openings:
Infographic showing various Economic Consulting job openings in Virginia as of August 2026, with employment types broken down into 80% Full Time, 11% Part Time, and 9% Contract. Highlights an 64% In-person, 5% Hybrid, and 31% Remote job distribution, with an average salary of $106,671 per year, or $51.3 per hour.

Full-time

Posted 7 days ago


Job description

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 ResponsibilitiesConsulting & 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 CompetenciesAnalytical 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.Â