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Major In Economics Jobs in Illinois (NOW HIRING)

Department of Labor

Economist

Chicago, IL · On-site

$68K/yr

OR B) A combination of education and experience - courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. In addition to meeting the ...

Department of Labor

Economist

Chicago, IL · On-site

$56K/yr

OR B) A combination of education and experience - courses equivalent to a major in economics, as shown in A above, plus appropriate experience or additional education. In addition to meeting the ...

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All JobsMajor In Economics JobsMajor In Economics Jobs in Illinois

Major In Economics information

See Illinois salary details

$44.6K

$79.5K

$118.7K

How much do major in economics jobs pay per year?

As of Aug 19, 2026, the average yearly pay for major in economics in Illinois is $79,522.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,900.00 and $95,400.00 per year, depending on experience, location, and employer.

What can you do with a major in economics?

A major in Economics opens up a wide range of career opportunities in various fields such as finance, consulting, government, policy analysis, research, and business. Economics graduates often work as analysts, consultants, economists, data scientists, or in banking and investment roles. The degree provides strong analytical, quantitative, and critical thinking skills that are highly valued by employers. Additionally, an Economics major is a solid foundation for graduate studies in law, business, public policy, or economics itself.

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

To thrive as an Economist, you need a strong background in economic theory, quantitative analysis, and statistical methods, usually supported by at least a bachelor's or master's degree in economics or a related field. Proficiency with data analysis tools such as Stata, R, SAS, or Excel, and familiarity with economic modeling software, is typically required. Strong analytical thinking, clear communication, and problem-solving skills help economists translate complex data into actionable insights. These skills are essential for delivering accurate forecasts, informing policy, and supporting sound business or governmental decision-making.

What types of projects or tasks can an economics major expect to work on in an entry-level analyst role?

As an entry-level analyst with an Economics background, you can expect to work on projects such as data analysis, economic forecasting, market research, and policy evaluation. Your daily responsibilities may include collecting and interpreting data, preparing reports, creating presentations, and collaborating with teams in finance, consulting, or government sectors. These tasks help develop strong analytical and communication skills, and you’ll often work closely with senior analysts and managers, giving you exposure to diverse perspectives and opportunities for professional growth.

What is the difference between Major In Economics vs Data Analyst?

AspectMajor In EconomicsData Analyst
Required CredentialsDegree in Economics, possibly with statistics or mathematics coursesDegree in Statistics, Mathematics, Economics, or related field; often requires proficiency in data tools
Work EnvironmentAcademic, research, government, or corporate settings analyzing economic dataBusiness, finance, healthcare, or tech industries analyzing large datasets for insights
Employer & Industry UsageUniversities, government agencies, economic research firmsCorporations, consulting firms, financial institutions, tech companies

While both roles involve data analysis, a Major In Economics focuses on understanding economic theories and models, often in research or policy contexts. A Data Analyst applies statistical and technical skills to interpret data across various industries. The two fields overlap in data skills but differ in focus and application.

What jobs do most majors in economics get?

Economics majors often pursue careers as financial analysts, economic consultants, data analysts, policy analysts, and management consultants. These roles typically require strong analytical, quantitative, and communication skills, and may involve working in finance, government, consulting firms, or research organizations.

What are popular job titles related to Major In Economics jobs in Illinois?

For Major In Economics jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Major In Economics jobs in Illinois look for?

The top searched job categories for Major In Economics jobs in Illinois are:

What cities in Illinois are hiring for Major In Economics jobs?

Cities in Illinois with the most Major In Economics job openings:

Major In Economics jobs near you
Infographic showing various Major In Economics job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 10% Part Time, 3% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $79,522 per year, or $38.2 per hour.

Professor of Economics

The University of Chicago

Chicago, IL • On-site

Full-time

Medical, Retirement, PTO

Re-posted 13 days ago

University Of Chicago rating

8.1

Company rating: 8.1 out of 10

Based on 47 frontline employees who took The Breakroom Quiz

162nd of 619 rated colleges and universities

Job description

Description
The Booth School of Business at the University of Chicago is seeking to appoint outstanding scholars to tenured positions in Economics with a focus in microeconomics
Qualifications
Applications are invited from individuals who have earned a PhD (or equivalent) in economics and have experience on the tenure-track faculty at a major research university.
Members of our faculty are expected to conduct original research of exceptionally high quality, to teach effectively, and to participate in and contribute to the academic environment at the University.
Application Instructions
Each candidate should submit a curriculum vitae, course evaluations from prior teaching, at least two samples of written work, a research statement, and the names of five scholars willing to evaluate the candidate's ability, research, and teaching.
This position is benefits-eligible. The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.

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