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Economic Forecasting Jobs in Virginia (NOW HIRING)

Nestle

Sr. Data Scientist (Forecasting)

Arlington, VA · On-site

$110K - $160K/yr

Bachelor's degree in statistics, mathematics, economics, business, or a related field * 5+ years of experience in data science, forecasting, or advanced analytics, with hands-on experience in SQL ...

OBAN Corporation

Economist

Vienna, VA

Develops economic guidelines and standards and prepares points of view used in forecasting trends and formulating economic policy. * Responsible for the maintenance of economic databases, and ...

OBAN Corporation

Economist

Vienna, VA · On-site

Develops economic guidelines and standards and prepares points of view used in forecasting trends and formulating economic policy. * Responsible for the maintenance of economic databases, and ...

OBAN Corporation

Economist

Vienna, VA · On-site

$95 - $140/hr

Develops economic guidelines and standards and prepares points of view used in forecasting trends and formulating economic policy. * Responsible for the maintenance of economic databases, and ...

OBAN Corporation

Economist (Jr.)

Vienna, VA · On-site

Develops economic guidelines and standards and prepares points of view used in forecasting trends and formulating economic policy. * Responsible for the maintenance of economic databases, and ...

OBAN Corporation

Economist (Jr.)

Vienna, VA

Develops economic guidelines and standards and prepares points of view used in forecasting trends and formulating economic policy. * Responsible for the maintenance of economic databases, and ...

OBAN Corporation

Economist (Sr.)

Vienna, VA

$92K - $116K/yr

Compiles, analyzes, and reports data to explain economic phenomena and forecast market trends. Applies mathematical models and statistical techniques. * Leverages AI tools appropriately to augment ...

OBAN Corporation

Economist (Sr.)

Vienna, VA · On-site

$92K - $116K/yr

Compiles, analyzes, and reports data to explain economic phenomena and forecast market trends. Applies mathematical models and statistical techniques. * Leverages AI tools appropriately to augment ...

OBAN Corporation

Economist (Sr.)

Vienna, VA · On-site

$120 - $180/hr

Compiles, analyzes, and reports data to explain economic phenomena and forecast market trends. Applies mathematical models and statistical techniques. * Leverages AI tools appropriately to augment ...

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All JobsEconomic Forecasting JobsEconomic Forecasting Jobs in Virginia

Economic Forecasting information

See Virginia salary details

$30.7K

$72.6K

$128.9K

How much do economic forecasting jobs pay per year?

As of Aug 20, 2026, the average yearly pay for economic forecasting in Virginia is $72,633.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,000.00 and $86,300.00 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 are popular job titles related to Economic Forecasting jobs in Virginia?

For Economic Forecasting jobs in Virginia, the most frequently searched job titles are:

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

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

Economic Forecasting jobs near you
Infographic showing various Economic Forecasting job openings in Virginia as of August 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $72,633 per year, or $34.9 per hour.

Economic Consultant

Chmura Economics & Analytics

Richmond, VA • On-site

Full-time

Posted 16 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. 


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