Working as an Economist
Industry Overview
Approximately 1,500 people are employed as economists and economic policy researchers in BC. Job prospects are expected to be limited from 2022-2024. The majority of jobs are in Metro Vancouver and Victoria.
Job Outlook in BC
Chart from WorkBC
You can learn more about economists in BC from:
Types of Employers
Economists are employed by:
- government departments and agencies
- industry associations and trade unions
- research organizations
- banks and investment firms
Salary & Working Hours
The median annual salary for economists in BC is $85,572. Your level of education, the industry you work in, and location all affect your salary. For example, people with a master’s degree or PhD earn more than those with a bachelor’s degree.
Most full-time economists receive benefits as well as a salary. These often include dental coverage and life insurance. Paid sick leave and vacation time are also common. Some employers help with a retirement plan. Those who work in the private sector may also get yearly bonuses.
Sources: WorkBC and Career Cruising
In BC’s regions, you can expect to earn:
Source: Job Bank Canada Wages
Working Hours
Most economists work 7-8 hours per day, 5 days per week, although deadlines for reports and presentations often require evening or weekend work.