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How much do phd in economics jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for phd in economics in Alabama is $59.26, according to ZipRecruiter salary data. Most workers in this role earn between $54.04 and $64.47 per hour, depending on experience, location, and employer.

What is a PhD in Economics?

A PhD in Economics is a doctoral degree focused on advanced study and research in economic theory, econometrics, and applied economics. This program typically spans 4-6 years and involves rigorous coursework, comprehensive exams, and original research culminating in a dissertation. Graduates are trained to analyze complex economic problems, contribute to policy discussions, and advance the field through academic or industry research. Earning a PhD in Economics prepares individuals for careers in academia, government, international organizations, and the private sector.

What types of career paths are available to someone with a PhD in Economics beyond academia?

While many with a PhD in Economics pursue academic research and teaching positions, there are also diverse opportunities in government agencies, think tanks, international organizations, and the private sector. Economists are often employed in policy analysis, data science, consulting, and financial services, where their analytical and quantitative skills are highly valued. Collaborating with multidisciplinary teams is common, and positions often involve conducting complex research, presenting findings to stakeholders, and informing decision-making processes. Career advancement can lead to senior research, policy advisory, or executive roles depending on the industry.

What are the key skills and qualifications needed to thrive as a PhD in Economics, and why are they important?

To thrive as a PhD in Economics, you need advanced quantitative analysis, economic theory expertise, and strong research skills, typically supported by a doctoral degree in economics or a related field. Proficiency with statistical software such as Stata, R, or MATLAB and experience with academic publishing and data management tools are highly valued. Exceptional critical thinking, effective communication, and collaborative abilities distinguish top economists in academic or industry roles. These skills are crucial for producing rigorous research, influencing policy, and effectively conveying complex economic concepts to diverse audiences.

What is the difference between Phd In Economics vs Economist?

AspectPhd In EconomicsEconomist
Required CredentialsDoctorate (PhD) in EconomicsBachelor's or Master's in Economics or related field; PhD preferred for advanced roles
Work EnvironmentAcademic, research institutions, think tanks, policy organizationsGovernment agencies, private firms, consulting, research institutions
Industry UsageAcademic research, policy analysis, teachingEconomic analysis, forecasting, policy advising, consulting

While a Phd In Economics focuses on advanced research and academic roles, an Economist applies economic principles in various industries, often with less emphasis on academic research. Both roles require strong analytical skills, but the PhD is essential for research-intensive positions, whereas Economists may have diverse educational backgrounds.

Is a PhD in economics in demand?

A PhD in economics is in demand for academic, research, and policy roles, especially in government agencies, think tanks, and universities. Economists with strong analytical skills and expertise in data analysis, econometrics, and modeling are sought after in various sectors, including finance and consulting. Job opportunities often require advanced research capabilities and a solid understanding of economic theory.

Is a PhD in economics useful?

A PhD in economics is useful for careers in academia, research, policy analysis, and high-level consulting, where advanced analytical and quantitative skills are required. It can lead to roles in government agencies, international organizations, and financial institutions, often involving data analysis, economic modeling, and policy development.

What can I do with a PhD in economics?

A PhD in economics prepares individuals for research, teaching at the university level, and policy analysis roles in government, think tanks, or international organizations. Graduates often work as economists, data analysts, or consultants, utilizing quantitative skills, economic modeling, and statistical tools like R or Stata. Career paths may also include roles in finance, consulting, or academia.

What are popular job titles related to Phd In Economics jobs in Alabama?

For Phd In Economics jobs in Alabama, the most frequently searched job titles are:

What job categories do people searching Phd In Economics jobs in Alabama look for?

The top searched job categories for Phd In Economics jobs in Alabama are:

What cities in Alabama are hiring for Phd In Economics jobs?

Cities in Alabama with the most Phd In Economics job openings:

Phd In Economics jobs near you
Infographic showing various Phd In Economics job openings in Alabama as of August 2026, with employment types broken down into 85% Full Time, 11% Part Time, and 4% Contract. Highlights an 74% Physical, 8% Hybrid, and 18% Remote job distribution, with an average salary of $123,268 per year, or $59.3 per hour.

Economist

EEOC Careers | U.S. Equal Employment Opportunity Commission

Birmingham, AL • On-site

$90K/yr

Full-time

Posted 15 days ago

Job description

As an Economist at the GS-0110-13, you will be part of the Expert Analysis Division, Office of General Counsel, U.S. Equal Employment Opportunity Commission. If selected, you will be responsible for serving as an authority in economics and provide expert opinions, guidance, and direction to management, trial attorneys, and others in the analysis of employment discrimination cases.
The selectee will be required to have a duty station at Headquarters or one of the 53 EEOC Field Offices.Qualifications:BASIC REQUIREMENT:
Degree: economics, that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
Combination of education and experience: courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education.
Transcripts are required and must be submitted at the time of application. A PhD Degree in Economics (with specialization in Labor Economics or a related Microeconomics area) is preferred for this position.

In addition to the basic requirement applicants must also possess:

For the GS-13: You must have one (1) year of specialized experience equivalent to the GS-12 level in the federal service. Specialized experience includes demonstrated professional experience applying methods and principles of economics and to research projects and programs; developing, analyzing, and presenting statistical information, recognizing and adopting new techniques to fit the needs of research projects and preparing comprehensive reports; conducting microeconomic analyses of administrative data to analyze outcomes related to employment (or other similar areas of microeconomics such as health or education) and having produced written and oral products based on such microeconomic analyses. Applicants must meet all eligibility requirements (e.g., time-in-grade and qualification requirements) within 30 days of the closing date specified in the vacancy announcement.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.Education:This position has a basic education requirement listed under the Qualifications section of this announcement.Employment Type: OTHER

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