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Labor Economics Jobs (NOW HIRING)

This group sits at the intersection of labor economics, financial systems, and workforce strategy, driving innovation in how organizations understand labor supply, wage dynamics, productivity, and ...

Instructional needs may include courses in microeconomics, macroeconomics, labor economics, and/or law and economics. Specific teaching needs for the upcoming academic year will be determined as ...

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Labor Economics information

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How much do labor economics jobs pay per hour?

As of Jul 1, 2026, the average hourly pay for labor economics in the United States is $37.26, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $49.28 per hour, depending on experience, location, and employer.

What is an example of labor economics?

Labor economics is a field that studies how labor markets function, including the supply and demand for workers, wage determination, and employment levels. An example is analyzing how minimum wage policies impact employment rates and income distribution. Researchers often use statistical tools and economic models to understand these dynamics.

What is labor economics?

Labor economics is a field of economics that studies how labor markets operate, focusing on the dynamics between employers and employees, wage determination, employment, and the effects of policies and institutions. Labor economists analyze factors such as labor supply and demand, unemployment, human capital, and the impact of unions and minimum wage laws. This field helps policymakers, businesses, and workers understand and address issues related to employment, income inequality, and workforce development.

What does a labor economist do?

A labor economist studies how labor markets function, analyzing factors such as employment, wages, and workforce trends. They use statistical tools and economic theories to inform policy decisions and improve understanding of labor-related issues.

What is the difference between Labor Economics vs Human Resources Specialist?

AspectLabor EconomicsHuman Resources Specialist
Required CredentialsMaster's or PhD in Economics or related fieldBachelor's degree in Human Resources, Business, or related field
Work EnvironmentResearch settings, academia, government agenciesCorporate offices, HR departments, staffing agencies
Employer & Industry UsageUniversities, government, think tanksPrivate companies, HR consulting firms, nonprofits
Common Search & ComparisonUnderstanding labor markets, economic policiesEmployee relations, recruitment, benefits management

Labor Economics focuses on analyzing labor markets, policies, and economic impacts, often requiring advanced degrees. Human Resources Specialists handle employee management, recruitment, and workplace policies within organizations. While both roles relate to employment, Labor Economics is more research-oriented, whereas Human Resources is practice-oriented within companies.

What jobs make $1,000,000 a year?

In labor economics, high-earning jobs that can reach or exceed $1,000,000 annually include top executive roles such as CEOs, successful entrepreneurs, and certain investment bankers or hedge fund managers. These positions often require extensive experience, advanced skills, and significant responsibility, and income may come from salary, bonuses, and profit sharing. Such roles are typically found in large corporations, finance, or technology sectors with high performance-based compensation structures.

What are some common challenges faced by professionals working in labor economics roles within organizations?

Professionals in labor economics roles often encounter challenges such as analyzing complex labor market data, keeping up with rapidly changing workforce trends, and balancing the interests of employers, employees, and policymakers. They may also need to communicate technical findings to non-specialist stakeholders and provide actionable insights for HR or policy decisions. Collaboration with interdisciplinary teams, including data analysts, policy experts, and business leaders, is essential for developing comprehensive solutions to workforce issues.

What are the key skills and qualifications needed to thrive as a Labor Economist, and why are they important?

To thrive as a Labor Economist, you need strong analytical skills, a solid background in economics or related fields, and typically a master's or PhD in economics. Familiarity with econometric software (such as Stata or R), advanced statistical methods, and data analysis tools is common in this role. Critical thinking, effective communication, and problem-solving abilities help convey complex findings to diverse audiences and stakeholders. These skills are crucial for accurately analyzing labor markets, informing policy decisions, and providing valuable economic insights.

What are 5 careers in economics?

Five common careers in economics include economist, policy analyst, financial analyst, data analyst, and research associate. These roles often require strong analytical skills, proficiency with statistical software, and a solid understanding of economic theories and models. They are found in government agencies, financial institutions, consulting firms, and research organizations.
More about Labor Economics jobs
What cities are hiring for Labor Economics jobs? Cities with the most Labor Economics job openings:
What states have the most Labor Economics jobs? States with the most job openings for Labor Economics jobs include:
Infographic showing various Labor Economics job openings in the United States as of June 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $77,499 per year, or $37.3 per hour.
Principal Labor Economist

Full-time

Posted 21 days ago


UKG rating

8.7

Company rating: 8.7 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

43rd of 202 rated software companies


Job description

Why UKG:
At UKG, the work you do matters. The code you ship, the decisions you make, and the care you show a customer all add up to real impact. Today, tens of millions of workers start and end their days with our workforce operating platform. Helping people get paid, grow in their careers, and shape the future of their industries. That's what we do.
We never stop learning. We never stop challenging the norm. We push for better, and we celebrate the wins along the way. Here, you'll get flexibility that's real, benefits you can count on, and a team that succeeds together. Because at UKG, your work matters-and so do you.
About the team
You will join a highly strategic and forward-looking analytics and insights function focused on shaping the future of workforce intelligence. The team partners closely with product, strategy, data science, and executive leadership to transform one of the industry's most comprehensive workforce datasets-spanning over 20 million frontline workers-into actionable insights.
This group sits at the intersection of labor economics, financial systems, and workforce strategy, driving innovation in how organizations understand labor supply, wage dynamics, productivity, and macroeconomic trends. The team plays a critical role in influencing enterprise strategy and building differentiated, client-facing workforce intelligence solutions.
About the role
As a Principal Economist, you will serve as a senior thought leader and trusted advisor, guiding the evolution of workforce and labor market analytics. You will connect labor economics, macroeconomic trends, and financial systems to shape both internal strategy and external market positioning.
This role requires a highly autonomous leader who thrives in ambiguity and operates at the intersection of data, strategy, and influence. You will architect advanced analytical frameworks, develop forecasting models, and translate complex economic insights into actionable strategies that impact executive decision-making and product innovation.
What you'll do:
  • Establish and expand thought leadership in labor economics through publications, speaking engagements, and industry engagement
  • Define and advance the strategic direction of workforce and labor market analytics aligned to long-term business objectives
  • Lead complex, high-impact, cross-functional initiatives with significant visibility and strategic importance
  • Develop advanced economic models, forecasting frameworks, and scenario analyses to guide strategic planning
  • Integrate large-scale internal workforce data with external macroeconomic and financial indicators to produce differentiated insights
  • Anticipate economic, regulatory, and market shifts, translating them into new analytical approaches and product opportunities
  • Partner with product, strategy, and data science teams to embed economic insights into client-facing solutions
  • Serve as a trusted advisor to senior leadership, influencing decisions through data-driven recommendations
  • Communicate complex economic concepts clearly to executive, technical, and external audiences
  • Mentor and elevate team capability in advanced economic analysis, modeling, and methodology

About You
You are a recognized expert in labor economics with a strong understanding of financial systems and macroeconomic dynamics. You bring both intellectual rigor and strategic influence, with a proven ability to translate complex economic insights into business impact.
Basic Qualifications:
  • Master's or PhD in Economics, Econometrics, or related discipline
  • 7-10+ years of experience in economic analysis, including exposure to financial services (banking, asset management, fintech, or consulting)
  • Deep expertise in labor economics and its intersection with macroeconomic and financial trends
  • Strong experience developing advanced econometric models, forecasting frameworks, and analytical methodologies
  • Expertise working with large, complex datasets and modern statistical/AI-driven techniques

Preferred Qualifications:
  • Demonstrated ability to influence senior stakeholders and drive outcomes across complex, cross-functional initiatives
  • Proven external presence (publications, speaking engagements, industry involvement)
  • Exceptional communication skills, with the ability to simplify and translate complex concepts for diverse audiences
  • Experience embedding analytics into products or client-facing solutions

Company Overview:
UKG is the Workforce Operating Platform that puts workforce understanding to work. With the world's largest collection of workforce insights, and people-first AI, our ability to reveal unseen ways to build trust, amplify productivity, and empower talent, is unmatched. It's this expertise that equips our customers with the intelligence to solve any challenge in any industry - because great organizations know their workforce is their competitive edge. Learn more at ukg.com.
Equal Opportunity Employer
UKG is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, disability, religion, sex, age, national origin, veteran status, genetic information, and other legally protected categories.
View The EEO Know Your Rights poster
UKG participates in E-Verify. View the E-Verify posters here.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Disability Accommodation in the Application and Interview Process
For individuals with disabilities that need additional assistance at any point in the application and interview process, please email UKGCareers@ukg.com.
The pay range for this position is $145,600 to $209,300. The actual base pay offered may vary depending on skills, experience, job-related knowledge and work location. In addition to base pay, employees may be eligible to participate in a performance-based bonus plan and to receive restricted stock unit awards as part of total compensation. Learn more about UKG's benefits and rewards at https://www.ukg.com/about-us/careers/benefits

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