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Economic Forecasting Jobs in California (NOW HIRING)

This role offers an opportunity to shape the research and economic function at Navan, utilizing ... trends, forecast future business activity, and understand the drivers of corporate travel and ...

This first-of-its-kind role is an exciting opportunity to shape the research and economic function ... Deep expertise in econometrics, forecasting, and statistical analysis, with experience modeling ...

This role involves performing complex economic analyses and crafting data-driven insights to ... trends, forecast future business activity, and understand the drivers of corporate travel and ...

Economic Development Manager

Perris, CA ยท On-site

$70.72 - $94.78/hr

Monitor and forecast real estate and development fiscal and economic activity impact. Render technical assistance to private developers, citizen groups, nonprofit foundations, public and private ...

Economic Development Manager

Perris, CA ยท On-site

$70.72 - $94.78/hr

Monitor and forecast real estate and development fiscal and economic activity impact. Render technical assistance to private developers, citizen groups, nonprofit foundations, public and private ...

Economist

San Francisco, CA ยท On-site

$172K - $265K/yr

This first-of-its-kind role is an exciting opportunity to shape the research and economic function ... Deep expertise in econometrics, forecasting, and statistical analysis, with experience modeling ...

Economic Development Specialist

Antioch, CA ยท On-site

$105K - $127K/yr

The Economic Development Division (which is part of the Community & Economic Development Department ... Financial analysis, budgeting, forecasting, and fiscal impact analysis. Business attraction ...

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Economic Forecasting information

See California salary details

$30.6K

$72.3K

$128.3K

How much do economic forecasting jobs pay per year?

As of Aug 21, 2026, the average yearly pay for economic forecasting in California is $72,302.00, according to ZipRecruiter salary data. Most workers in this role earn between $51,800.00 and $85,900.00 per year, depending on experience, location, and employer.

What is economic forecasting?

Economic forecasting is the process of predicting future economic conditions based on the analysis of historical data, economic indicators, and statistical models. It helps governments, businesses, and investors make informed decisions by estimating trends such as GDP growth, unemployment rates, inflation, and market demand. Forecasts can range from short-term projections to long-term outlooks and are subject to uncertainty due to changing global and local factors. Accurate forecasting is crucial for planning, budgeting, and policy-making.

What are some common challenges faced by professionals in economic forecasting roles?

Economic forecasters often grapple with the complexity of integrating vast amounts of data from diverse sources, such as market trends, global events, and policy changes. Unpredictable events like geopolitical shifts or natural disasters can quickly alter forecasts, requiring professionals to adapt and update their models frequently. Collaboration is key, as forecasters work closely with analysts, policymakers, and business leaders to ensure accurate and actionable insights. Staying current with new modeling techniques and technological advancements is also essential for success in this fast-evolving field.

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

To thrive as an Economic Forecaster, you need a solid background in economics, mathematics, and statistical analysis, typically supported by an advanced degree in economics or related fields. Mastery of econometric software (like EViews, Stata, or R) and familiarity with data visualization tools are commonly required, along with experience in handling large datasets. Strong critical thinking, communication, and the ability to interpret complex data into actionable insights are essential soft skills for this role. These competencies are vital for producing accurate, reliable economic predictions that inform strategic decisions for businesses and policymakers.

What is the difference between Economic Forecasting vs Economic Analysis?

AspectEconomic ForecastingEconomic Analysis
Required CredentialsBachelor's or master's in economics, statistics, or related fieldsBachelor's or master's in economics, finance, or related fields
Work EnvironmentResearch firms, government agencies, financial institutionsConsulting firms, government departments, private companies
Employer & Industry UsageUsed to predict economic trends and inform policy or investment decisionsUsed to evaluate economic conditions, policy impacts, and business strategies

Economic Forecasting focuses on predicting future economic conditions using models and data analysis, while Economic Analysis involves evaluating current or past economic data to inform decisions. Both roles require similar educational backgrounds but serve different purposes within the economic field.

How much do economic forecasters make?

Economic forecasters typically earn a median annual salary of around $70,000 to $100,000, depending on experience, education, and location. Senior analysts or those in specialized industries can earn higher salaries, often exceeding $120,000. Many roles require strong analytical skills and proficiency with statistical tools and economic models.

How to become an economic forecaster?

To become an economic forecaster, typically a bachelor's degree in economics, finance, or a related field is required, often complemented by a master's degree or higher for advanced roles. Developing strong analytical skills, proficiency in statistical software, and understanding economic models are essential, along with gaining experience through internships or entry-level positions in economic analysis or research.

What do economic forecasters do?

Economic forecasters analyze economic data, trends, and models to predict future economic conditions such as growth, inflation, and employment. They use statistical tools and economic theories to inform businesses, government agencies, and financial institutions about potential economic developments.

What job categories do people searching Economic Forecasting jobs in California look for?

The top searched job categories for Economic Forecasting jobs in California are:

What cities in California are hiring for Economic Forecasting jobs?

Cities in California with the most Economic Forecasting job openings:

Infographic showing various Economic Forecasting job openings in California as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $72,302 per year, or $34.8 per hour.

Modeling, Forecasting, and Economic Analysis, Senior Advisor

Southern California Edison (SCE)

Irwindale, CA โ€ข On-site

$161K - $242K/yr

Full-time

Posted 8 days ago


Job description

Join the Clean Energy Revolution
Become a Modeling, Forecasting, and Economic Analysis, Senior Advisor at Southern California Edison (SCE) and build a better tomorrow. In this role, you'll help advance SCE's energy efficiency portfolio within the Advanced Energy Solutions team by developing performance tracking and enhancement tools, improving forecasting methodologies, and strengthening business processes. Your work will support data-driven decision-making, effective portfolio oversight, and continuous improvement across programs that help customers use energy more efficiently, improve affordability, and contribute to California's electrification and clean energy goals. As a Modeling, Forecasting, and Economic Analysis, Senior Advisor your work will help power our planet, reduce carbon emissions and create cleaner air for everyone. Are you ready to take on the challenge to help us build the future?
Incident Management Team Expected Participation: Employees are expected to support emergency response and/or business continuity efforts, including readiness to serve on an Incident Management Team (IMT) when needed. Employees will participate in an on-call rotation (approximately every four to six weeks), to support IMT activations during emergency events. IMT assignments may differ from an individual's regular responsibilities.
Responsibilities
  • Ensures the forecasts incorporate new distributed energy resource (including energy efficiency, demand response) forecasts, and policies.
  • Drives key studies to determine the financial and operational impact of changes in company assets or the business environment.
  • Delivers applied economic analysis and reporting on overall market performance and efficiency, the impact of proposed revisions to market rules, and market participant behavior.
  • Participates in the design of the framework to identify and quantify consumer detriment in relation to pricing.
  • Uses benchmarking model to identify examples of disproportionate pricing and how we can address them. Suggests appropriate options for preventing or resolving potential market design problems, inefficiencies, gaming, market manipulation or non-compliance with market rules.
  • Collaborates with internal stakeholders regarding forecast methodology and analysis and ensures our deliverables meet their needs.
  • Assesses the viability of new investments and the attractiveness to investors; conducts economic analyses of alternative approaches to energy and/or environmental policies.
  • Sets up and executes in-house software and prediction tools to translate the long-term resource into energy production for a wide variety of equipment configurations.
  • Collaborates with forecasters to understand how load and price forecasts can be improved to meet new challenges.
  • A material job duty of all positions within the Company is ensuring the protection of all its physical, financial and cybersecurity assets, and properly accessing and managing private customer data, proprietary information, confidential medical records, and other types of highly sensitive information and data with the highest standards of conduct and integrity.

Minimum Qualifications
  • Ten or more years of experience performing modeling, forecasting or economic analysis and reporting.

Preferred Qualifications
  • Strong business acumen and energy efficiency experience, with the ability to advise leadership, assess portfolio gaps and opportunities, develop programs and initiatives, support solicitations and contract execution, and apply market, operational, regulatory, and financial insights to improve compliance, customer outcomes, portfolio performance, and business results.
  • Strong analytical, quantitative, and strategic problem-solving skills, with experience using forecasting, modeling, optimization, scenario analysis, risk assessment, and economic analysis to translate complex data into actionable recommendations that support energy efficiency portfolio planning, resource allocation, contract selection, and business performance.
  • Experience developing and implementing governance fr ameworks, business processes, forecasting methodologies, performance metrics, analytical tools, and continuous improvement initiatives that enhance energy efficiency decision-making, transparency, operational effectiveness, and organizational performance.
  • Demonstrated ability to lead complex, cross-functional initiatives; set strategic direction; manage multiple high-priority workstreams; and deliver results in dynamic business, regulatory, and operational environments.
  • Excellent communication, presentation, and facilitation skills, with the ability to synthesize complex technical, operational, regulatory, financial, and analytical information into clear, decision-oriented messaging for executive, governance, regulatory, and external stakeholder audiences.
  • Knowledge of utility and energy efficiency regulatory policies, agencies, and stakeholders.
  • Bachelor's degree in Business, Engineering, Economics, Public Policy, Finance, Data Analytics, or a related field.

Additional Information
  • This position's work mode is hybrid. The employee will report to an SCE facility for a set number of days with the option to work remotely on the remaining days. Unless otherwise noted, employees are required to work and reside in the state of California. Further details of this work mode will be discussed at the interview stage. The work mode can be changed based on business needs.
  • Visit our Candidate Resource page to get meaningful information related to benefits, perks, resources, testing information, hiring process, and more!
  • Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
  • The primary work location for this position is Irwindale, CA.
  • Relocation does not apply to this position.

About Southern California Edison
The people at SCE don't just keep the lights on. Our mission is so much bigger. We're fueling the kind of innovation that's changing an entire industry, and quite possibly the planet. Join us and create a future with cleaner energy, while providing our customers with the safety and reliability they demand. At SCE, you'll have a chance to grow personally and professionally, making a real impact in Southern California and around the world.
Southern California Edison is a proud Equal Opportunity Employer, including disability and protected veteran status.
We are committed to ensuring that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodations at AskHR@sce.com or (626) 302-3456 and select option 2.